E-COMMODITIES (01733.HK): Wholly-owned Unit Wins RMB 200 Million Trade Finance Facility from Hainan Rural Commercial Bank

NewTimeSpace News: On 12 November 2026, E-COMMODITIES (01733.HK) said in a voluntary announcement that its wholly-owned subsidiary Hainan Fuduoda Supply Chain Management Co., Ltd. (Hainan Fuduoda) entered into a trade finance facility agreement with the Haikou branch of Hainan Rural Commercial Bank Co., Ltd., under which the bank agreed to provide a credit facility of up to RMB 200 million from 28 October 2026 to 28 October 2027.

The facility is to be used by Hainan Fuduoda to open letters of credit, apply for import bill advances and carry out other activities in the ordinary course of business. In consideration of the facility, the Company and its wholly-owned subsidiary Inner Mongolia Haotong Energy Co., Ltd. each agreed to provide joint and several guarantees to the bank for Hainan Fuduoda's obligations under the agreement.

The board said the agreement provides an additional funding channel for Hainan Fuduoda's operations and strengthens its cash flow, and that the terms of the agreement and the corporate guarantees were determined through arm's length negotiations, are fair and reasonable and in the interests of the Company and its shareholders. The bank and its ultimate beneficial owners are independent third parties.