ZGC TEC LEASING (01601) Inks Finance Lease Pact for Grid-Scale Energy Storage Gear

Stock News
Yesterday

ZGC TEC LEASING (01601) has unveiled a fresh finance lease arrangement tied to standalone energy storage ventures, a move set to fortify its recurring revenue streams.

On 16 September 2026, the firm, serving as lessor, entered into a finance lease agreement II with lessee Shanxi Jinjing Feipeng Energy Technology Co., Ltd. Under the terms, the lessor will procure the lessee's self-owned lease assets II for a consideration of RMB 100 million, subsequently leasing these assets back to the lessee over a 72-month tenure.

The total lease receivable is projected at around RMB 118.3 million, comprising principal of RMB 100 million and finance lease interest income (VAT inclusive) of nearly RMB 18.3 million. The leased assets, tied to standalone energy storage operations, hold a net book value of roughly RMB 113.08 million.

This pact falls within the company's routine and core business scope, and is anticipated to generate steady income and bolster cash flow for ZGC TEC LEASING over the lease period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10