FY FINANCIAL plans to provide accounts receivable factoring services to Longding Huayuan
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According to the Zhitong Finance APP, FY FINANCIAL announced that due to the previous factoring agreement expected to expire on August 31, 2025, and the company's intention to continue factoring services, on July 11, 2025, the company entered into a factoring agreement with Longding Huayuan. The company agrees to provide accounts receivable factoring services to Longding Huayuan, with a maximum factoring amount of RMB 22.9 million, for a period of two years from the effective date
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