E-COMMODITIES (01733) Enters Counter-Guarantee Agreement with Xiangyu Co.
Stock News
Yesterday
E-COMMODITIES (01733) announced that on September 8, 2025, the company entered into Counter-Guarantee Contract I with Xiangyu Co. Under the agreement, E-COMMODITIES agrees to provide counter-guarantee I to Xiangyu Co. with a total amount not exceeding RMB 26.95 million, based on its 49% equity proportion in Xianghui Energy.
The counter-guarantee covers the corresponding proportional guarantee amount that Xiangyu Co. may pay to designated Bank A under Bank Guarantee Contract I regarding related bank credit facilities, as well as any accrued interest, penalty fees, compensation, and other related costs and expenses.
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