--- title: "JFL: Signed a financial cooperation agreement with Jiangsu Communications Holding Group Financial Co., Ltd" type: "News" locale: "en" url: "https://longbridge.com/en/news/237565353.md" description: "JFL announced that the company has signed a three-year Financial Cooperation Agreement with Jiangsu Communications Holding Group Finance Co., Ltd. The company's maximum daily deposit balance with Jiangsu Communications Finance shall not exceed RMB 1.5 billion; at the same time, the company grants Jiangsu Communications Finance a credit limit not exceeding RMB 640 million, and Jiangsu Communications Finance grants the company a credit limit not exceeding RMB 1 billion, with the specific interbank lending rate determined by both parties based on market prices. This matter needs to be submitted to the company's shareholders' meeting for review and approval" datetime: "2025-04-25T11:16:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/237565353.md) - [en](https://longbridge.com/en/news/237565353.md) - [zh-HK](https://longbridge.com/zh-HK/news/237565353.md) --- # JFL: Signed a financial cooperation agreement with Jiangsu Communications Holding Group Financial Co., Ltd JFL announced that the company has signed a three-year Financial Cooperation Agreement with Jiangsu Communications Holding Group Finance Co., Ltd. The company's maximum daily deposit balance with Jiangsu Communications Finance shall not exceed RMB 1.5 billion; at the same time, the company grants Jiangsu Communications Finance a credit limit not exceeding RMB 640 million, and Jiangsu Communications Finance grants the company a credit limit not exceeding RMB 1 billion, with the specific interbank borrowing interest rate determined by both parties based on market prices. This matter needs to be submitted to the company's shareholders' meeting for review and approval ### Related Stocks - [600901.CN](https://longbridge.com/en/quote/600901.CN.md) ## Related News & Research - [ZAWYA: Al Habtoor Tower: Dubai's boldest residential project yet](https://longbridge.com/en/news/287051508.md) - [Labour Wes Streeting is likely to abandon bid for PM and support Andy Burnham](https://longbridge.com/en/news/287106674.md) - [UPI changed how India pays; it can drive the future of borrowing](https://longbridge.com/en/news/286677065.md) - [UK parliamentary election, key to possible Burnham leadership bid, set for June 18](https://longbridge.com/en/news/287089372.md) - [ZAWYA: UIBC-UC convenes influential UAE and Indian leaders at “Strength in Resilience”](https://longbridge.com/en/news/286881466.md)