Yueda Commercial Factoring, Subsidiary of Yue Da International, Signs Reverse Factoring Agreement
Reuters
Aug 29
Yueda Commercial Factoring, Subsidiary of Yue Da International, Signs Reverse Factoring Agreement
Yue Da International Holdings Limited, a company listed on the Hong Kong Stock Exchange, has a wholly owned subsidiary known as Yueda (Shenzhen) Commercial Factoring Co., Ltd., which operates primarily in the commercial factoring sector. This subsidiary plays a significant role in the Group's operations, focusing on providing financial solutions through commercial factoring services. Additionally, the Group includes Binhai Hengfa Real Estate Company Limited, which is engaged in property development within the PRC, further diversifying its business portfolio. These subsidiaries underline Yue Da International Holdings Limited's strategic expansion across different sectors, strengthening its presence both in financial services and real estate development.
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