Core Viewpoint - Yueda International Holdings (00629) announced a reverse factoring agreement with Hengfa, indicating a strategic move to enhance its financial services and liquidity management [1] Group 1: Agreement Details - The reverse factoring agreement was established on August 29, 2025, between Yueda Commercial Factoring, a wholly-owned subsidiary of Yueda International, and Hengfa [1] - Under the agreement, Yueda Commercial Factoring will provide accounts receivable financing, management services, and collection services to Hengfa [1] - A revolving credit limit of RMB 23 million is granted, with a combined annual interest rate and factoring management fee of 8.5% [1] - The agreement is effective from August 29, 2025, and will expire on September 10, 2027 [1]
悦达国际控股附属与恒发订立反向保理协议