Recently, Nanshan leased asset support special program third issue successfully. The plan for project management by Minsheng securities Limited by Share Ltd, China Minsheng Banking Corp as a custodian, and the joint credit rating Co. ratings, given the priority of asset-backed securities AAA rating, given the subprime asset-backed securities AA rating, subordinated asset-backed securities without rating.
The support of the special plan assets issued a total size of 871 million yuan, of which, the priority of asset-backed securities scale is 618 million yuan, subprime asset-backed securities scale is 87 million yuan, subprime asset-backed securities scale is 166 million yuan. The product is issued for a maximum period of 3.5 years, and the secondary products are fully subscribed by nanshan. Rental Nanshan three phase of the project design of the subprime asset-backed securities, the original rights difference payment commitment, original equity repurchase commitments to increase trust priority significant effect.
In September 2015, the company issued a special program for asset leasing for Nanshan leasing, which raised 333 million yuan. On September 2016, the special program of asset support for the two phase of Nanshan leasing was issued, raising 492 million yuan. Raise the three special plan with the company funds through the issuance of asset-backed special plan to raise a total of 1 billion 696 million yuan of funds, to revitalize the company's assets, optimize the financial structure and has positive significance to expand the scale of operation