ZGC Tech Leasing (01601) Acquires 30 Battery-Swapping Unmanned Wide-Body Mining Trucks

Stock News
Dec 29, 2025

ZGC Tech LEASING (01601) announced that the company, acting as the buyer, entered into an equipment procurement contract with the seller, Shanghai BoRui Intelligent Technology Co., Ltd., on December 29, 2025. The seller agreed to sell, and the buyer agreed to purchase the target assets, with the transfer having been completed for a total consideration (including value-added tax) of RMB 73.5 million.

The target assets consist of 30 battery-swapping unmanned wide-body mining trucks sold by the seller within China. The aggregate fair value of these target assets is RMB 73.5 million.

The seller does not separately account for the pre-tax and post-tax profits attributable to the target assets.

The equipment procurement contract was executed by the company in the ordinary and daily course of its business.

Entering into this equipment procurement contract is advantageous for fully leveraging the respective strengths of the parties involved. It is beneficial for increasing the company's market share in the operating lease market within the field of unmanned mining operations and aligns with the company's business development strategy.

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