Yueda Commercial Factoring, Subsidiary of Yue Da International, Enters Factoring Agreement with Yancheng Guannan

Reuters
Jul 30
Yueda Commercial Factoring, Subsidiary of Yue Da International, Enters Factoring Agreement with Yancheng Guannan

Yueda (Shenzhen) Commercial Factoring Co., Ltd., a subsidiary of Yue Da International Holdings Limited, has entered into a factoring agreement with Yancheng Guannan Construction Engineering Company Limited. This agreement highlights Yueda's core business focus on commercial factoring, showcasing its role within the Group's broader financial strategy. As an indirectly wholly owned subsidiary of the company, Yueda Commercial Factoring continues to expand its operations in the PRC, reinforcing its commitment to providing financial solutions tailored to the construction engineering sector.

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