FilingReader Intelligence
China State Construction secures 200m yuan factoring deal
August 20, 2025 at 10:19 AM UTC•By FilingReader AI
China State Construction International's subsidiary CSC International Investments entered a factoring arrangement worth 200 million yuan on August 20, 2025.
The company transferred accounts receivable to CCCF at a 92.8% discount rate, receiving 185.6 million yuan for an 18-month term. The receivables originated from the South Taihu New District Phoenix Bay Block Comprehensive Development Project.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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HKEX:3311•Hong Kong Exchange
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