Yueda International Holdings (00629) subsidiary Yueda Business Factoring and Danhe Greening sign factoring agreement.

date
17/12/2025
Zhixin Finance and Economics APP News, Yuexiang International Holdings (00629) announced that on December 17, 2025, its indirectly wholly-owned subsidiary Yuexiang Commercial Factoring entered into a factoring agreement with Danhe Greening (Danhe Greening's Second Factoring Agreement). According to the Danhe Greening's Second Factoring Agreement, Yuexiang Commercial Factoring agrees to provide accounts receivable financing, accounts receivable management services, and accounts receivable collection services (accounts receivable services) to Danhe Greening, and grants a revolving credit limit of RMB 60 million. The annual interest rate and factoring management fee together amount to 8% to 8.5%, effective from December 17, 2025, and expiring on June 18, 2027.