Gome Finance Technology Co (HK:0628) has released an update.
Gome Finance Technology Co., Ltd. has entered into a new agreement with Ningbo Ruimao International Trade Co., Ltd. to provide Factoring Loans up to RMB 190 million, aiming to expand the company’s principal business of commercial factoring. This agreement, effective from September 20, 2024, is set to enhance Gome Finance’s long-term relationship with the borrower and is expected to generate significant interest income through the provision of these loans.
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