E-Commodities Holdings Limited (HK:1733) has released an update.
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E-Commodities Holdings Limited has secured a significant credit facility of up to RMB150 million from China Everbright Bank for its subsidiary, Hainan More Richway Supply Chain Management. This new financial backing, guaranteed by E-Commodities and Inner Mongolia Haotong Energy, aims to bolster liquidity and support business operations, enhancing the overall cash flow of the group.
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