【内容摘要】íConfirmation Warehouse: Primarily the financing company pays a certain amount of deposit, after which the bank will issue an acceptance draft to the upstream manufacturer. Before/After receiving the draft, the manufacturer delivers goods to the bank-designated logistics warehouse (or logistics pick-up). Warehouse Pledge occurs on the arrival of the goods. And the manufacturer is responsible for repurchasing the pledged goods if the financing company fails to repay the bank on the due date.
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