E-Commodities Holdings Limited (Stock Code: 1733) disclosed that its wholly owned subsidiary, Hainan More Richway Supply Chain Management Co., Ltd. (Hainan More Richway), has entered into a banking facilities agreement with Bank of China Limited Yangpu Branch. Under this agreement, Hainan More Richway may receive credit facilities of up to RMB1.6 billion from 20 October 2025 to 27 August 2026 to support trade finance operations, issuance of bank acceptance bills, and related business activities.
To facilitate these banking facilities, E-Commodities will provide a corporate guarantee of up to RMB600 million from 20 October 2025 to 31 December 2030. The company’s board believes this arrangement supplies additional financing resources and strengthens cash flow for its subsidiary’s operations.
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