Zall Smart Commerce Subsidiary Sinoagri Provides Guarantee for ICBC Wuchang Loan to Support Digital Trade Platform Expansion

Reuters
10/17
Zall Smart Commerce Subsidiary Sinoagri Provides Guarantee for ICBC Wuchang Loan to Support Digital Trade Platform Expansion

Zall Smart Commerce Group Ltd. announced that on 17 October 2025, its indirect non-wholly owned subsidiary, Shenzhen Sinoagri E-commerce Co., Ltd. ("Sinoagri"), entered into a Maximum Guarantee Agreement with ICBC Wuchang. Under this agreement, Sinoagri will provide a guarantee to ICBC Wuchang for loan agreements and other financing agreements entered or to be entered into between Hubei Digital Trade and ICBC Wuchang from 28 September 2025 to 28 September 2028. The guarantee covers aggregate outstanding loan principal up to RMB147.0 million. This transaction constitutes a discloseable transaction under the Hong Kong Listing Rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zall Smart Commerce Group Ltd. published the original content used to generate this news brief on October 17, 2025, and is solely responsible for the information contained therein.

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