HI SUN TECH Issues 169 Million Yuan in Asset-Backed Securities
Stock News
Apr 22
HI SUN TECH (00818) has announced the formal establishment of its third phase asset-backed special plan on April 22, 2026, with a total issuance scale of 169 million yuan. The proceeds from the issuance of asset-backed securities will primarily be used as general working capital for the group's fintech segment. The board believes that issuing asset-backed securities through the special plan can effectively broaden the group's financing channels, secure low-cost funds, optimize the company's financing structure, and promote operational activities and investment arrangements.
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