Dixintong (06188.HK) subsidiary enters into factoring financing agreement
Zhitong Finance APP News, D.Phone (06188.HK) announced that on September 20, 2026, Beijing D.Phone Trading (a directly wholly-owned subsidiary of the Company) entered into a factoring financing agreement with the factoring company, pursuant to which Beijing D.Phone Trading has agreed to transfer certain trade receivables of its customers to the factoring company, and the factoring company will, in consideration thereof, provide Beijing D.Phone Trading with a revolving factoring financing facility with recourse. The purpose of transferring certain trade receivables of customers to the factoring company before such trade receivables become due is to enable Beijing D.Phone Trading to obtain financing under the factoring financing agreement before the payment dates on which customers pay such trade receivables, thereby improving the Group's cash flow and liquidity position.
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