Doyen International’s Strategic Factoring Agreements Unveiled
Company Announcements

Doyen International’s Strategic Factoring Agreements Unveiled

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

Doyen International Holdings Ltd. has entered into two substantial factoring agreements through its subsidiary, Dongrui, with Chongqing Baicui. The agreements, which amount to a combined financing of approximately RMB39 million, are secured by accounts receivable and are considered discloseable transactions under the Hong Kong Stock Exchange listing rules. These moves indicate Doyen’s strategic financial positioning and its drive to leverage assets for business expansion.

For further insights into HK:0668 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App