E-Commodities Subsidiary Hainan More Richway Secures RMB210 Million Bank Facilities

Reuters01-28
E-Commodities Subsidiary Hainan More Richway Secures RMB210 Million Bank Facilities

E-Commodities Holdings Limited announced that its wholly-owned subsidiary, Hainan More Richway Supply Chain Management Co., Ltd., has entered into banking facilities agreements with the Industrial and Commercial Bank of China, Haikou International Trade Branch. Under these agreements, Hainan More Richway will receive a non-specific credit facility of up to RMB150 million, a dual-preferential credit facility of up to RMB50 million, and a specific derivative credit facility of up to RMB10 million. E-Commodities Holdings Limited will provide a corporate guarantee for these facilities, aiming to strengthen the subsidiary’s cash flow and support its business operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. E-Commodities Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260127-12002736), on January 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment