YUE DA INTL Announces 15 New Factoring and Reverse-Factoring Agreements Covering Construction, Ports, Water Utilities and Agriculture

Bulletin Express
05/15

YUE DA INTERNATIONAL (stock code: 00629) has disclosed that its subsidiary has executed 15 separate financing arrangements—comprising both traditional and reverse-factoring agreements—with counterparties spanning construction, port operations, water services and agricultural supply chains.

Key agreements listed in the announcement are:

• Construction & Infrastructure – Hengdu Construction Factoring Agreement – Hengfa Reverse Factoring Agreement – Hengdu Construction–related contracts (First and Second Danhe Greening Factoring Agreements)

• Port Logistics – Hengtai Port Reverse Factoring Agreement – Yancheng Port Supply Chain Factoring Agreement – Yancheng Port Development Factoring Agreement

• Water & Environmental Services – Runfu Water Factoring Agreement – Xiangshui Water Reverse Factoring Agreement

• Agriculture & Commodities – New Cooperative Grain Factoring Agreement

• Other Sector-specific Agreements – Xiangshui Chengtai Reverse Factoring Agreement – Binhai ED Factoring Agreement – Binhai Chimijin Reverse Factoring Agreement – Jiangsu Huating Factoring Agreement – Jiangsu Runzhou Reverse Factoring Agreement

All 15 agreements take the form of either factoring or reverse-factoring arrangements, enabling the respective counterparties to monetize receivables and enhance liquidity. The announcement did not specify individual transaction amounts, tenors, or fee structures.

By securing a diversified slate of counterparties—from infrastructure builders and port operators to water utilities and agricultural suppliers—YUE DA INTL broadens its factoring portfolio across multiple industries and regions within Jiangsu Province. The company stated that these agreements have been duly executed, indicating that the relevant receivables financing services are set to commence under the stipulated contractual terms.

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