On December 11, 2023, Beijing Energy International’s supply chain finance phase 1-8 asset-backed securities special plan (ABS) received a No Objection Letter from Shanghai Stock Exchange (SSE) and the ABS was approved to be traded on the SSE with an issuance amount of 50.00 billion yuan. The approval of the project marks another breakthrough of the company in continuously optimizing its capital structure and expanding diversified financing channels.

The company will actively capitalize on its technological and industrial advantages in clean energy, promote the coordinated development of the industrial chain through supply chain financial tools, and contribute to the sustainable growth of the real economy.