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东银国际控股(00668.HK)合资与上海翃眩订立保理协议

Bot International Holdings (00668.HK) Joint Venture enters into factoring Agreement with Shanghai Xuan Xuan

格隆滙 ·  Nov 26, 2021 03:40

On November 26th, 00668.HK announced that on November 26th, Dongrui (a Sino-foreign joint venture established under Chinese law and owned by the company through Dongying Investment as of the date of this announcement) entered into a factoring agreement with Shanghai Quanxuan, according to which Dongrui agreed to provide financing within a period of one year from the date of signing the factoring agreement. The relevant financing is secured by accounts receivable transferred from Shanghai Xuan factoring clients to Shanghai Xuan Xuan, with a factoring principal amount of RMB 37 million.

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