According to Zhitong Finance App, China Construction International (03311) announced that on August 31, 2026, China Construction International Investment, an indirect wholly-owned subsidiary of the Company, entered into factoring arrangements.

On the same day, China Construction International Investment entered into a accounts receivable transfer contract; and entered into factoring contracts with China Construction Commercial Factoring, Asia Factoring and Ganzhou Construction relating to the transfer of accounts receivable 1 to China Construction Commercial Factoring. China Construction Commercial Factoring provided the principal amount of RMB 199.8 million to China Construction International Investment at a comprehensive discount rate of about 92.565% and a period of no more than 24 months from the date of withdrawal under the factoring contract; and transfer accounts receivable factoring services to Asia Factoring 2. The principal amount provided to China Construction International Investment is RMB 20 10,000 yuan also provides accounts receivable factoring services for a period of not more than 24 months from the date of withdrawal according to the factoring contract.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.