Doyen International Holdings Ltd. (HK:0668) has released an update.
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Doyen International Holdings Ltd. is set to boost its financial capabilities through a series of financing agreements involving its subsidiary Dongrui and Wuhan Hezong. The company has secured three factoring agreements worth a total of RMB50.9 million, aiming to enhance cash flow by leveraging accounts receivable from Wuhan Hezong’s customers. These transactions, classified as discloseable under the Hong Kong Listing Rules, reflect Doyen’s strategic financial maneuvers.
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