Zoomlion Heavy Industry Science And Technology Announces Factoring Contract

By - Reuters

Dec 29 (Reuters) - Zoomlion Heavy Industry Science and Technology Co Ltd:

* FACTORING CONTRACT

* ENTERED INTO FACTORING CONTRACT WITH XINGXIANG FACTORING

* TO SELL ACCOUNT RECEIVABLES ACCRUED TO CO DUE FROM CUSTOMERS ON/BEFORE 31 DEC 2025 ON NO-RECOURSE BASIS

* CONSIDERATION PAYABLE BY XINGXIANG FACTORING TO CO FOR ACCOUNT RECEIVABLES IS ABOUT RMB483 MILLION Source text for Eikon: Further company coverage:


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