E-Commodities Holdings Limited (HK:1733) has released an update.
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E-Commodities Holdings Limited has announced new credit facilities agreements with the Export-Import Bank of China for its subsidiaries, Hainan More Richway Supply Chain Management and Inner Mongolia Haotong Energy. These agreements, totaling RMB450 million, are aimed at enhancing business operations by bolstering cash flows through additional financing resources. The company will provide corporate guarantees to support these facilities, reflecting beneficial financing conditions and the company’s strategic growth plans.
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