The landing of the Xinxin Group's largest scale power and heating assets ABN in 2025.

On October 29, Taicang Port Xinjin Power Generation Co., Ltd., a subsidiary of Xinjin Group, received a "Notice of Acceptance of Registration" issued by the China Interbank Market Dealers Association, with an asset-backed note registration amount of 4.53 billion yuan. It is reported that the asset-backed notes are based on the heating and power generation income generated by 4 330,000 kW units of Xinjin Taian Power Plant in the next 7 years, with a term of issuance not exceeding 7 years.