Zhongguancun Technology Leasing (01601) Enters into a Financial Lease Agreement with Tianjin Zhengtian Medical Instrument Co., Ltd.

Zhongguancun Science & Technology Leasing(01601) announced that on November 30, 2020, the Company, as lessor, entered into Financial Leasing Agreement IV with Lessee II, Tianjin Zhengtian Medical Instrument Co., Ltd. Under the agreement, Lessee II sold its owned leased assets IV (medical device production equipment located in Tianjin, China) to the lessor for a transfer price of RMB 25 million; and the lessor leased back the leased assets IV to Lessee II for a lease term of 24 months, with total lease payments amounting to RMB 26.4264 million.