ENTERING INTO FACTORING SERVICES AGREEMENTFactoring Services Agreement • April 28th, 2023
The Company entered into the Factoring Services Agreement with Guoneng Factoring on 28 April 2023, pursuant to which, Guoneng Factoring agreed to provide Members of the Group with factoring services (including recourse factoring, non-recourse factoring, reverse factoring, etc.) and factoring-related services such as supply chain finance platform, consulting, agency and asset management. The Factoring Services Agreement shall become effective from the date when it is approved by the Board, signed by the legal representatives or authorized representatives of both parties and affixed with the company seals or special contract seals, with a valid period from 1 January 2023 to 31 December 2025.
ENTERING INTO FACTORING SERVICES AGREEMENTFactoring Services Agreement • November 17th, 2023
On 17 November 2023, the Company entered into the Factoring Services Agreement with Guoneng Factoring, pursuant to which, Guoneng Factoring agreed to provide the Group with factoring services (including recourse factoring, non-recourse factoring, reverse factoring, etc.) and factoring-related services such as related consulting, agency, asset management and supply chain finance platform services. The Factoring Services Agreement shall become effective from the date when it is approved by the Board of the Company, signed by the legal representatives or authorized representatives of both parties and affixed with the company seals or special contract seals, with a valid period from 17 November 2023 to 31 December 2025.
