Doyen International Secures Factoring Agreement Boost
Company Announcements

Doyen International Secures Factoring Agreement Boost

Doyen International Holdings Ltd. (HK:0668) has released an update.

Doyen International Holdings Ltd. has announced a significant financial move through its subsidiary, Dongrui, by entering into a Factoring Agreement with Chongqing Pumei. This agreement involves providing financing secured by accounts receivable, with a principal amount of RMB26 million, marking a notable transaction under Hong Kong’s Listing Rules. This strategic financial arrangement is set to enhance the company’s liquidity and investment portfolio.

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