E-Commodities Holdings Limited (HK:1733) has released an update.
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E-Commodities Holdings Limited has announced a new facilities agreement with Huaxia Bank, which will provide up to RMB100 million in banking facilities to its subsidiary, Hainan More Richway. This move is expected to enhance the subsidiary’s cash flow, supporting its business operations through liquidity loans and trade financing. The agreement is seen as a strategic step to leverage current favorable financing conditions.
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