YUE DA INTL(00629) enters into factoring agreement with Danhe Greening as its subsidiary
Yueda International Holdings (00629) announced that on December 3, 2025, its indirect wholly-owned subsidiary Yueda Commercial Factoring entered into a factoring agreement with Danhe Landscaping. According to the factoring agreement, Yueda Commercial Factoring agreed to provide Danhe Landscaping with accounts receivable financing, accounts receivable management services, and accounts receivable collection services, with a revolving credit limit of RMB 20 million. The annual interest rate and factoring management fee totaled 8% to 9%, effective from December 3, 2025, and due on December 9, 2026.
YUE DA INTL (00629) announced that on December 3, 2025, its indirect wholly-owned subsidiary, YUE DA Commercial Factoring, entered into a factoring agreement with Danhe Greening. Under the factoring agreement, YUE DA Commercial Factoring agreed to provide accounts receivable financing, accounts receivable management services, and accounts receivable collection services to Danhe Greening and granted a revolving credit limit of RMB 20 million. The annual interest rate and factoring management fee combined are 8% to 9%. The agreement is effective from December 3, 2025 and expires on December 9, 2026.
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