Greater China

Tianjin Marine to sign credit assignment deal

Dalian: Tianjin Marine announced that it plans to sign a credit assignment deal with Zhongrong International Trust Co to transfer RMB143.97m of the company’s credit to raise RMB136.77m.

Tianjin Marine said the transfer of credit will help the company supplement working capital and improve the financial situation of the company.[14/04/14]

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