Yue Da Amends Factoring Agreement Terms

Yue Da International Holdings Limited (HK:0629) has released an update.

Yue Da International Holdings Limited, through its subsidiary Yueda Commercial Factoring, has entered into the Gaoxin Second Supplemental Reverse Factoring Agreement on 21 June 2024. This agreement revises the guarantors and expiry date of previously established factoring facilities, while keeping other terms unchanged. The transaction is significant enough to be classified as discloseable under the Listing Rules, necessitating a formal announcement.

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