ZGC TEC LEASING (01601) signs a financing lease agreement with Liyang Tianmu Main Battery Material Technology.

ZGC TEC LEASING (01601) announced that on September 20, 2024, the company entered into a financing lease agreement IV with the lessee (Liyang Tianmu Xinda Battery Material Technology Co., Ltd.) as the lessor. According to this agreement, the lessor will purchase the leased assets IV owned by the lessee for a transfer price of 40 million RMB; and the lessor will lease back the leased assets IV to the lessee for a lease term of 18 months, with a total lease payment of approximately 41.8617 million RMB. Leased assets IV refer to production equipment such as silicon oxygen production lines.