Caitong Group Army | Another City Down! Caitong Asset Management's First Class REITs Product Establi

Caitong Group Army | Another City Down! On January thirteenth, the first REITs product of Caitong Asset Management was established. The "Changshu Economic Development Industrial Park Phase one Asset Support Special Plan (Yangtze River Economic Belt)", managed by Caitong Asset Management, a wholly-owned subsidiary of Caitong Securities, was issued and established on the Shanghai Stock Exchange. The issuance scale was nine hundred and twenty million yuan, with a priority of nine hundred and nineteen million yuan and a priority coupon rate of two.thirty-five% per year. It is the first REITs product issued by the company since its establishment. This project is not only the first flagship REITs in the Yangtze River Economic Belt in China, but also the first county-level city in Jiangsu Province, the first county-level district in Suzhou City, and the first first-class REITs in Changshu City. The basic assets of the project are located in the Changshu Economic and Technological Development Zone in Suzhou City, which helps optimize the financing costs of local enterprises, smooth the financing structure, further leverage and amplify the investment and operation functions of state-owned capital industries, and bring good economic benefits and demonstration effects to the industrial development of Changshu City. Last August, the People's Bank of China, the National Development and Reform Commission and other eight departments issued the Guiding Opinions on Further Improving Financial Support for Green, Low Carbon and High Quality Development of the Yangtze River Economic Belt, which clearly supported the issuance of asset securitization products and infrastructure REITs for eligible infrastructure projects of enterprises in the Yangtze River Economic Belt. This project also hopes to take advantage of the development of the Yangtze River Economic Belt and the integration of the Yangtze River Delta to help open up the capital market financing channels for finance and industry along the Yangtze River Economic Belt, and guide social funds to contribute to the development of the Yangtze River Economic Belt together. With the advantage of a long business chain of securities companies, Caitong Asset Management has successfully issued multiple benchmark asset securitization products in the ABS field. According to data, Caitong Asset Management has issued a total of fifty-four ABS products in two thousand twenty-four, with a total issuance scale of over forty-two billion yuan, ranking eightth in the industry, up three places from the end of last year. Since the establishment of the company at the end of two thousand fourteen, Caitong Asset Management has issued a total of one hundred and seventy-three ABS products, with a total issuance scale of nearly one hundred and forty billion yuan, ranking fourteenth in the industry, up nine places from the end of the previous year. Data source: Wind、 Caitong Asset Management, statistics on one hundred and sixty-eight securities firms or fund subsidiaries that issue ABS, as of the end of two thousand twenty-four. The successful issuance of the company's first REITs project signifies a further enhancement of the comprehensive strength of Caitong Asset Management in investment and financing linkage business. Based on the development strategy of "deeply cultivating Zhejiang and serving the whole country" of Caitong Securities, Caitong Asset Management's investment and financing linkage business has been extended to various parts of the country. Around the needs of enterprise customers, tools such as ABS, REITs, and REITs are used to create specialized and customized "one-stop" solutions, helping enterprises broaden financing channels, improve capital turnover speed and asset operation efficiency, and improve the quality and efficiency of capital market services for the real economy. Click on 'Watching' to recommend to friends around you (Caitong Securities)