YUE DA INTL (00629) enters into factoring agreement with YAXI Jingxuan

Yue Da International Holdings (00629) announced that on December 25, 2025, its indirect wholly-owned subsidiary Yue Da Commercial Factoring entered into a factoring agreement (Yanxi Jingxuan Second Factoring Agreement) with Yanxi Jingxuan. Under the Yanxi Jingxuan Second Factoring Agreement, Yue Da Commercial Factoring agreed to provide accounts receivable financing, accounts receivable management services, and accounts receivable collection services to Yanxi Jingxuan, and granted a revolving credit limit of RMB 57 million. The annual interest rate and factoring management fee totaled 8.3% to 8.8%, and the agreement will be effective from December 25, 2025 to December 25, 2027.