On December 19, Glonghui reported that YUE DA INTL (00629.HK) announced that on December 19, 2024, its indirect wholly-owned subsidiary, YUE DA Commercial Factoring, entered into a factoring agreement with Dafeng Port. According to the factoring agreement, YUE DA Commercial Factoring agrees to provide accounts receivable financing, management services, and collection services to Dafeng Port and grants a revolving Crediting limit of 50 million yuan, with an annual interest rate and factoring management fee totaling between 6.0% and 6.8%, effective from December 19, 2024, and expiring on December 19, 2025.
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- YUE DA INTL (00629.HK): YUE DA Commercial Factoring has signed a factoring agreement with Dafeng Port.
悦达国际控股(00629.HK):悦达商业保理与大丰海港订立保理协议
YUE DA INTL (00629.HK): YUE DA Commercial Factoring has signed a factoring agreement with Dafeng Port.
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