E-Commodities (01733.HK) entered into two counter-guarantee contracts with Xiangyu Co., Ltd.
Zhito Finance APP News, E-Commodities (01733.HK) announced that on October 16, 2026, the Company entered into Counter-Guarantee Contract I with Xiangyu Co., Ltd., pursuant to which the Company agreed to provide Counter-Guarantee I to Xiangyu Co., Ltd. in an aggregate amount not exceeding RMB 98 million or USD 14.21 million, in proportion to its 49% equity interest in Xianghui Energy, in respect of the corresponding proportion of the guarantee amount that Xiangyu Co., Ltd. may pay to Designated Bank A under Bank Guarantee Contract I in connection with the relevant bank credit facility, as well as any compensation, any accrued interest, any liquidated damages, compensation and other related fees and expenses paid to Designated Bank A.
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