Zhongguancun Science-Tech Leasing (HKG:1601) agreed to buy and lease back production equipment from Wuxi Langshion Lightweight Technology for 49 million yuan, according to a Hong Kong bourse filing.
The leased assets, including laser cutting machines used to produce thermoformed parts, with a net book value of about 56.2 million yuan, will be leased back to the lessee for 36 months, with a total finance lease payment of 54.4 million yuan.