ZGC TEC LEASING (01601.HK): RMB49m Solar Equipment Leaseback for 36 Months

NewTimeSpace News: On 12 November 2026, Zhongguancun Science-Tech Leasing Co., Ltd. (stock code: 1601) announced that, as lessor, it entered into a finance lease agreement to acquire the lessee's own leased asset for a transfer price of RMB49 million and lease it back for 36 months.

Total lease payments will be about RMB52.81 million, comprising finance lease principal of RMB49 million and finance lease interest income of about RMB3.81 million including value-added tax; the lease commences within five business days after the agreement takes effect. The leased asset is solar power equipment, and the transfer price will be funded from the Company's general working capital and internal resources.

The lessee is a company incorporated in China principally engaged in operating centralised photovoltaic power stations, and is an independent third party together with its ultimate beneficial owners. As the highest applicable percentage ratio exceeds 5% but is below 25%, the transaction is a discloseable transaction subject to the notification and announcement requirements under Chapter 14 of the Listing Rules.