On 2 April, JIC Leasing successfully issued its second asset-backed medium-term note (ABN) in 2019. RMB850 million worth of ABN is issued with a weighted average interest rate of 4.43%, while the preferred Class A note has an issuance interest rate of 4.37%.

The asset pool of this ABN comprises primarily the electronic-information and industrial fuel-gas industries. The successful issuance of the ABN may be attributed to the extensive recognition of the leased assets of the Company by investors.

JIC Leasing will continue its active exploration to revitalise the inventory of leased assets and vigorously diversify its financing instruments, as it strives to serve the real economy with more professional and personalised development strategies.