Zhitong Finance App News, Yueda International Holdings (00629) issued an announcement. On July 23, 2026, Yueda Commercial Factoring, an indirect wholly-owned subsidiary of the company, signed a reverse factoring agreement with Dongtai Houyao. According to Dongtai Houyao's reverse factoring agreement, Yueda Commercial Factoring agreed to provide Dongtai Houyao with accounts receivable financing, accounts receivable management services and accounts receivable collection services and grant a reverse revolving credit limit of RMB 30 million. The sum of the annual interest rate and factoring management fee is 6.5% to 7.2%, effective from July 23, 2026 and expiring on September 30, 2027.

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