On February 29, Beijing Energy International held an online roadshow for the issuance of consolidation quasi-REITs. Huang Hui, vice president of the Company, Wang Yang, chief financial officer, Fu Peng, deputy general manager of the Finance Management Department, and Everbright Securities, the lead underwriter of the project, and other relevant personnel attended the meeting.
At the meeting, Huang Hui gave a detailed introduction to the participants on the company’s basic situation, business development, underlying assets and the issuance of quasi-REITs, and answered questions that investors were interested in and had in-depth exchanges.
Consolidation quasi-REITs are innovative financing measures for companies to replenish equity capital and revitalize existing assets through multiple channels. In November 2023, the company obtained the registration approval of 3 billion yuan from National Association of Financial Market Institutional Investors (NAFMII) and plans to issue the phase-I 1.3 billion yuan in the near future. This issuance is also the first order of REITs products of Beijing Energy Holding. Nearly 50 institutions participated in this online roadshow, including banks, brokers, funds, asset management agencies, etc., which fully showed the high attention to and recognition of the company in the capital market, laying a foundation for the future issuance of various direct financing for other companies, including quasi-REITs projects.