On December 16, Beijing Energy International successfully issued the phase-IV carbon-neutral green asset-backed securities special plan in supply chain finance. The preferred asset-backed securities size is 564 million yuan, a term of 2 years, and a coupon rate of 2.0%. The subscription multiple reached 2.1 times, setting a new historical low for the company’s publicly issued bond products. The special plan is managed by China Merchants Asset Management, with China Merchants Securities as the sales institution. 

The successful issuance of this product not only further reduced the company’s financing costs but also marked an important step forward in promoting the progress of green finance practices. In the future, the company will continue to uphold the concept of green development, deepen innovation and practice in green financial products, bring more high-quality assets to the market, support the global low-carbon transformation of the energy structure, and collaborate with partners to build a more sustainable future.