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China Longyuan Power Group Raises Factoring Services Cap to RMB1.5 Billion

Reuters01-14

<a href="https://laohu8.com/S/CLPXF">China Longyuan Power Group</a> Raises Factoring Services Cap to RMB1.5 Billion

China Longyuan Power Group Corporation Ltd. has announced an amendment to its existing Factoring Services Agreement, raising the annual cap for connected transactions involving factoring services to RMB1.5 billion for the next three years. This increase is aimed at supporting the company's expanding new energy business and anticipated acquisitions of new energy assets, which are expected to drive higher demand for factoring financing. From December 2025 to January 2026, the group expects to secure an additional RMB806 million in factoring financing, with the daily maximum stock balance projected to reach RMB1.025 billion. The adjustment ensures sufficient funding capacity to meet the company’s ongoing and future development needs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Longyuan Power Group Corporation Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260114-11990743), on January 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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