China Zhongwang (01333) said it entered into a finance lease agreement with Hongtai International Finance Lease (Tianjin) Co., Ltd.
Zhongwang has agreed to lease from Hongtai Lease manufacturing equipment, which shall be transferred from Zhongwang to Hongtai Lease at Rmb600 million, and the assets will then be leased to Zhongwang for a period from 26 April 2016 to 25 April 2024 for the rent of Rmb882 million. Zhongwang has also agreed to pay the consulting fee at Rmb19.2 million to Hongtai Lease.
Hongtai Lease is an indirect non-wholly-owned subsidiary held by Liu Zhongtian, who is the controlling shareholder of Zhongwang.
【母親節限時優惠】 送價值$288維柏健30天逆轉肌齡(膠原蛋白+生物素) ► 火速行動
