YUE DA INTL (00629) Subsidiary Enters Factoring Agreement with Danhe Landscaping

Stock News
2025/12/17

YUE DA INTL (00629) announced that on December 17, 2025, its indirect wholly-owned subsidiary, Yueda Commercial Factoring, entered into a factoring agreement (the Second Danhe Factoring Agreement) with Danhe Landscaping. Under the agreement, Yueda Commercial Factoring will provide Danhe Landscaping with accounts receivable financing, management, and collection services. A revolving credit line of RMB 60 million has been granted, with a combined annual interest rate and factoring management fee ranging from 8% to 8.5%. The agreement takes effect on December 17, 2025, and matures on June 18, 2027.

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