Xincheng Holdings plans to issue ABS: The planned issuance amount is about 1 billion RMB, and is expected to be completed by the end of August at the earliest.

To broaden its financing channels, New City Holdings is currently promoting the issuance of real estate asset support special plans with its holding Wu Yue Plaza. It is reported that the planned issuance amount is about 1 billion yuan, with over 500 million yuan in equity financing, and it is expected to be completed at the end of August or early September. It is understood that this week, New City Holdings and the planned manager, Guojin Securities Asset Management Co., Ltd., have organized roadshows for investors, including insurance companies, securities firms' proprietary asset management plans, and bank wealth management funds. In addition, New City Holdings is also advancing in the issuance of medium-term notes with increased guarantee by the National Debt, with an expected amount between 1 billion and 2 billion yuan; concurrently, the company is also promoting corporate bonds with a planned issuance amount of 6 billion yuan, with the first tranche of 700 million yuan, which has already been accepted by the stock exchange.