Capital Industrial Financial Associate Grants 200 Million Yuan Facility Under Cooperation Contract
MT Newswires Live09-04 21:20
Capital Industrial Financial Services Group (HKG:0730) associate Beijing West Business Factoring granted Shouyi Medical Health Investment Management a credit facility of up to 200 million yuan.
Leveraging the facility, the parties expect a rise in demand for growth in the factoring business, according to a Friday bourse filing.
The parties first entered into the strategic cooperation agreement in April, the collateral financing company said.
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