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According to Zhitong Finance App News, Digitong (06188.HK) announced that on September 20, 2026, Beijing Dixin Trading (a direct wholly-owned subsidiary of the company) signed a factoring financing agreement with the factoring company. According to this, Beijing Dixin Trading has agreed to transfer certain trade receivables from its customers to the factoring company, and the factoring company will use this as a cost to provide Beijing Dixin Trading with a revolving factoring financing amount with recourse rights. The purpose of transferring certain trade receivables from customers to factoring companies before such trade receivables are due is to allow Beijing Dixin Trading to obtain financing in accordance with factoring financing agreements before the payment date of the customer's payment of such trade receivables, thereby improving the Group's cash flow and working capital situation.
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According to Zhitong Finance App News, Digitong (06188.HK) announced that on September 20, 2026, Beijing Dixin Trading (a direct wholly-owned subsidiary of the company) signed a factoring financing agreement with the factoring company. According to this, Beijing Dixin Trading has agreed to transfer certain trade receivables from its customers to the factoring company, and the factoring company will use this as a cost to provide Beijing Dixin Trading with a revolving factoring financing amount with recourse rights. The purpose of transferring certain trade receivables from customers to factoring companies before such trade receivables are due is to allow Beijing Dixin Trading to obtain financing in accordance with factoring financing agreements before the payment date of the customer's payment of such trade receivables, thereby improving the Group's cash flow and working capital situation.
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