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Shandong Molong (00568) plans to launch financial leasing business
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Zhitong Finance App News, Shandong Molong (00568) issued an announcement. In order to revitalize existing assets, increase asset usage value, enhance asset liquidity, and expand the company's financing channels, the company plans to act as a lessee and carry out after-sales leaseback financing business with Weifang Guoxin Financial Leasing Co., Ltd. and Jiangsu Financial Leasing Co., Ltd., respectively. The financing amount for both transactions does not exceed RMB 50 million, and the period of no more than 36 months. Specific details such as rental interest rates, rent, and payment methods relating to financial leasing matters are subject to the actual agreement signed.

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