Yue Da International Grants RMB57 Million Factoring Facility to Yanxi Jingxuan

Reuters
2025/12/28
Yue Da International Grants RMB57 Million Factoring Facility to Yanxi Jingxuan

Yue Da International Holdings Limited announced that its indirectly wholly owned subsidiary, Yueda Commercial Factoring, has entered into a new factoring agreement with Yanxi Jingxuan. Under the Yanxi Jingxuan Second Factoring Agreement, Yueda Commercial Factoring will provide accounts receivables financing and related services, granting Yanxi Jingxuan a revolving credit limit of RMB57 million. The facility carries an annual interest rate and factoring administration fee totaling between 8.3% and 8.8%. The agreement is effective from 25 December 2025 and will expire on 25 December 2027. This arrangement follows previous factoring agreements between the parties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yue Da International Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251228-11967635), on December 28, 2025, and is solely responsible for the information contained therein.

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