E-Commodities Subsidiary Hainan More Richway Secures RMB210 Million Bank Facilities
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E-Commodities Holdings Limited announced that its subsidiary, Hainan More Richway, has secured RMB210 million in bank facilities from the Industrial and Commercial Bank of China. This includes 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 will provide a corporate guarantee to enhance the subsidiary's cash flow and support its operations.
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