HI SUN TECH (00818) Plans to Issue RMB 151 Million Asset-Backed Securities

Stock News

2025/12/16

HI SUN TECH (00818) announced the formal establishment of its second phase Asset-Backed Special Plan on December 16, 2025, with a total issuance scale of RMB 151 million. Within this, the issuance scale of senior asset-backed securities amounts to RMB 127 million, while the subordinated asset-backed securities issuance stands at RMB 24 million.

The proceeds from the issuance will primarily be used as general working capital for the group's fintech business segment. The board believes that issuing asset-backed securities through this special plan will effectively broaden the group's financing channels, secure low-cost funding, optimize its financing structure, and support business operations and investment strategies.

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