E-Commodities Secures RMB210 Million Credit Facilities for Hainan Subsidiary with Corporate Guarantee

E-Commodities Holdings Limited ( (HK:1733) ) has issued an update.

E-Commodities Holdings Limited has arranged new banking facilities for its wholly owned subsidiary Hainan More Richway Supply Chain Management Co., Ltd. with the Haikou International Trade Branch of Industrial and Commercial Bank of China, totaling up to RMB210 million across non-specific, dual-preferential and derivative credit lines for 2026. The facilities will fund letters of credit, trade financing, working capital loans and foreign exchange derivatives, and the parent company will provide a corporate guarantee for the full amount; the board argues the arm’s-length terms are fair, will strengthen the subsidiary’s cash flow, and reflect looser national financing conditions and rising institutional support for the group’s operations.

The most recent analyst rating on (HK:1733) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.

More about E-Commodities Holdings Limited

E-Commodities Holdings Limited is an investment holding company incorporated in the British Virgin Islands, operating through subsidiaries in the commodities sector with a focus on supply chain management and related trading and financing activities. The group engages in businesses that require substantial working capital and trade financing, leveraging banking facilities to support its operations and cash flow needs.

Average Trading Volume: 1,674,809

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.35B

For detailed information about 1733 stock, go to TipRanks’ Stock Analysis page.