---
title: "DOYEN INTL HOLD Joint Venture Company subsidiary granted a total of 26 million RMB financing"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/218174982.md"
description: "Doyen International Holdings announced that its joint venture company, Dongrui, a wholly-owned subsidiary of Dongkui Financing Leasing (Shanghai), has entered into a factoring agreement with Chongqing Pumei today (29th). It is reported that Dongrui has agreed to provide financing within a one-year period from the date of signing the factoring agreement, with a factoring amount of RMB 26 million and an annual interest rate of 9.5 basis points. The factoring is secured by accounts receivable transferred from Chongqing Pumei's factoring clients to Chongqing Pumei"
datetime: "2024-10-29T08:35:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/218174982.md)
  - [en](https://longbridge.com/en/news/218174982.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/218174982.md)
---

# DOYEN INTL HOLD Joint Venture Company subsidiary granted a total of 26 million RMB financing

Doyen International Holdings (00668.HK) announced that its joint venture company, Dongkui Financial Leasing (Shanghai), through its wholly-owned subsidiary Dongrui, entered into a factoring agreement with Chongqing Pumei today (29th). It is reported that Dongrui has agreed to provide financing within a one-year period from the date of signing the factoring agreement, with a factoring amount of RMB 26 million and an annual interest rate of 9.5 basis points, using the accounts receivable transferred by Chongqing Pumei's factoring clients to Chongqing Pumei as collateral

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