Sy Holdings Group Amends Financial Assistance Agreement With Xiangsheng Factoring
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SY Holdings Group Ltd. has amended its financial assistance agreement with Xiangyu Group to support Xiangsheng Factoring's business development. The agreement includes counter guarantees and joint guarantees proportional to SY Holdings' shareholding, aimed at facilitating debt financing. The guarantees and loans will last for three years without fees, reducing capital costs and enhancing asset returns for Xiangsheng Factoring.
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