HI SUN TECH (00818) issued 150 million yuan of asset-backed securities.

date
18:31 12/03/2026
avatar
GMT Eight
Tech Holdings (00818) announced that the board of directors of Ronghui Zhida Factoring has approved the issuance of asset-backed securities under the Ronghui Zhida - Xingyue 2 Supply Chain Finance Asset Support Special Plan, supported by specific loan trust rights in China. According to the letter of no objection issued by the Shanghai Stock Exchange, the maximum scale of the issuance of the asset support special plan is RMB 1 billion (all non-recurring), and it can be issued in installments within 24 months from the date of approval, i.e. before July 30, 2027.
HI SUN TECH (00818) announces that the Board of Directors of Ronghui Zhida Factoring has approved the Ronghui Zhida - Xingyue II Supply Chain Financial Asset Support Special Plan and the issuance of asset-backed securities supported by specific loan trust assets in China. According to the no-objection letter issued by the Shanghai Stock Exchange, the maximum issuance scale of the special plan is RMB 1 billion (all non-renewable), and it can be issued in stages within 24 months from the date of approval, i.e. before July 30, 2027. The first phase of the special asset support plan was officially established on March 12, 2026, with a total issuance scale of RMB 150 million.