JXR Evaluates Asset-Backed Securities Programme on Shanghai Stock Exchange to Trim Leverage

Bulletin Express
06/22

Jinxin Fertility Group Limited (JXR) announced that it is assessing the launch of an asset-backed securities programme (ABS Programme) to be listed on the Shanghai Stock Exchange. The initiative would see a single class of asset-backed securities issued against real-estate assets held by the Group’s subsidiary, Shenzhen Hengyu Lianxiang Investment Development Co., Ltd., whose building in Shenzhen’s Futian District currently serves Shenzhen Zhongshan Hospital.

Management expects the proposed transaction to significantly lower the Group’s leverage ratio and enhance capital structure and asset quality. If executed, the deal could be classified as a deemed disposal of Hengyu under Rule 14.29 of the Hong Kong Listing Rules.

Implementation remains contingent on market conditions and approvals from the China Securities Regulatory Commission, the Shanghai Stock Exchange and the Hong Kong Stock Exchange. Detailed terms, including issuance size and timetable, have not yet been finalised. JXR has committed to publishing further updates in accordance with listing requirements.

Shareholders and potential investors are advised that the transaction may or may not proceed, and to exercise caution when dealing in the Company’s securities.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10