Zhongguancun Leasing: Aggregated Agreements Reveal New Transaction Details

Zhongguancun Science-Tech Leasing Co., Ltd. announced a series of finance lease agreements, with the most recent being a finance lease agreement dated December 19, 2025. Under this agreement, the company, as lessor, acquired lithium-ion battery separator production line assets for a transfer consideration of RMB43,000,000. These assets were then leased back to the lessee for 36 months, with a total finance lease payment of approximately RMB47,655,542, including a principal of RMB43,000,000 and interest income of RMB4,655,542.

This transaction follows two earlier agreements within the past 12 months. On May 28, 2025, the company entered into an agreement involving a VOC treatment integrated machine, with a total finance lease payment of RMB4,593,180. On October 30, 2025, another agreement involved adsorption rotor equipment, with a total finance lease payment of RMB33,002,575. The aggregated transactions trigger a discloseable transaction classification due to exceeding 5% but remaining below 25% of applicable percentage ratios under Listing Rules.

The board views these agreements as part of the company's ordinary business, expected to generate stable revenue and cash flow, aligning with its business development strategy. The terms of all finance lease agreements were determined through arm's-length negotiation, referencing net book values and prevailing market prices.