China Construction International Investment, a subsidiary of China Construction International (03311), establishes factoring arrangements

Zhitong Finance App News, China Construction International (03311) announced that on December 19, 2025, China Construction International Investment (an indirect wholly-owned subsidiary of the company) entered into a factoring arrangement. On the same day, China Construction International Investment entered into a accounts receivable transfer contract with Wenzhou Haisheng; and a factoring contract with China Construction Commercial Factoring relating to the transfer of accounts receivable to China Construction Commercial Factoring. China Construction Commercial Factoring provided 91% of the principal amount to China Construction International Investment for a period not exceeding RMB 300 million from the date of withdrawal according to the factoring contract Monthly accounts receivable factoring service.

Since factoring arrangements can provide the Group with immediate usable capital for working capital and business development, establishing factoring arrangements is beneficial to the Group. At the same time, it also enables the Group to meet the Group's liquidity development needs and diversify the Group's financing channels, thereby optimizing the Group's asset structure, improving capital efficiency and enhancing operating capacity.