YUE DA INTL's subsidiary signs a factoring agreement with Yancheng Guannan
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YUE DA INTL's wholly-owned subsidiary, YUE DA Commercial Factoring, has signed a factoring agreement with Yancheng Guannan. According to the agreement, YUE DA Commercial Factoring will provide accounts receivable financing and management services to Yancheng Guannan, and grant a revolving credit limit of RMB 28 million, with a total annual interest rate and factoring management fee of 8.2%. The agreement will be effective from July 30, 2025, and will expire on July 28, 2027
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