Spic Industry-Finance Holdings (000958.SZ) Plans to Launch Follow-up REITs-like Business Using Liangcun Thermal Power Assets

Stock News09-12

Spic Industry-Finance Holdings Co.,Ltd. (000958.SZ) announced that in November 2022, the company issued asset-backed notes (REITs-like products) in the China Inter-bank Bond Market using Shijiazhuang Liangcun Thermal Power Co., Ltd. (referred to as Liangcun Thermal Power or the project company) as the underlying asset, with an issuance scale of 17.70 billion yuan. The project is scheduled to mature in November 2025. Spic Industry-Finance Holdings plans to continue using Liangcun Thermal Power as the underlying asset to issue a new series of REITs-like products in the inter-bank market, with an estimated issuance scale not exceeding 17.40 billion yuan.

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