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    1157 — Zoomlion Heavy Industry Science and Technology News Story

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    Brief: Zoomlion Heavy Industry Science And Technology Announces Factoring Contract

    Picture of Zoomlion Heavy Industry Science and Technology logoZoomlion Heavy Industry Science and Technology
    29/12/2022 10:16
    Dec 29 (Reuters) - Zoomlion Heavy Industry Science and
Technology Co Ltd  000157.SZ :
    * 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:  ID:nHKS8nM87q 
Further company coverage:  000157.SZ 
 ((Reuters.Briefs@thomsonreuters.com;))

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