DOYEN INTL HOLD: Dongrui and Wuhan Hezhong signed a factoring agreement
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DOYEN INTL HOLD announced that its wholly-owned subsidiary Dongrui signed two factoring agreements with Wuhan Hezhong. The first agreement was signed on July 29, 2024, with a financing amount of RMB 3.4 million and a term of 1 year. The second agreement was signed on November 6, 2024, with a financing amount of RMB 22 million and also a term of 1 year. The financing is secured by the accounts receivable transferred to Wuhan Hezhong by its factoring clients
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