Towngas Smart Energy Company Limited has announced the successful issuance of its "Zero-Carbon Smart Phase 3 Green Asset-Backed Securities Programme (Carbon Neutral)" quasi-REIT on the Shenzhen Stock Exchange, raising RMB 812 million. This marks the company's second quasi-REIT issuance in 2025 and the third under its RMB 5 billion shelf offering. The priority security coupon rate for this issuance is maintained at 2.3%. Towngas Smart Energy previously issued two tranches of quasi-REITs, one in 2024 and another in the first half of 2025, collectively raising RMB 1 billion. Proceeds from the latest offering will be channelled into photovoltaic and energy storage projects, supporting the company's renewable energy initiatives. No URL for the prospectus is provided in the document.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Towngas Smart Energy Company Ltd. published the original content used to generate this news brief on November 11, 2025, and is solely responsible for the information contained therein.
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