On April 13, the "special asset support plan for Haitong Hengxin microenterprise No. 16" jointly initiated and established by Haitong Hengxin and its small and micro subsidiaries, with Huaxin securities as the plan manager and Haitong Securities Company Limited(600837) as the sales organization, was issued on the Shanghai Stock Exchange, with an issuance scale of 1.2 billion yuan.
This is also the first issue of Haitong Hengxin's fourth small and micro storage rack ABS. So far, Haitong Hengxin small and micro series ABS has successfully issued 16 issues, with a cumulative issuance scale of 16.2 billion yuan. This series of ABS basic assets are all lease receivables of Haitong Hengxin and its small and micro subsidiaries for equipment leasing to small, medium-sized and micro enterprises.
Small, medium-sized and micro enterprises have always been an important part of China's market economy, accounting for more than 90% of the main body of the market, contributing 80% of China's employment, about 70% of patent invention rights, more than 60% of GDP and more than 50% of taxes. Since 2014, Haitong Hengxin has been deeply engaged in the equipment leasing field of small, medium-sized and micro enterprises in the manufacturing industry, gradually building the equipment leasing business of small, medium-sized and micro enterprises with the characteristics of Haitong Hengxin, and building an ecosystem covering equipment suppliers and the majority of small, medium-sized and micro enterprises. Up to now, Haitong Hengxin small and micro leasing business cooperation small and micro enterprises have signed more than 50000 contracts, with a total signing amount of more than 40 billion yuan.
Recently, the situation of covid-19 epidemic prevention and control in Shanghai is grim. Shanghai Stock Exchange and relevant departments have made efforts to overcome various difficulties and fully ensure that the financing support of the real economy will not be interrupted due to the epidemic. They have given careful docking and guidance in the application and issuance of Haitong Hengxin small and micro series ABS projects. In the issuance process, the relevant departments of Huaxin securities, as the plan manager, worked together to overcome the difficulties caused by the epidemic, and finally completed the product issuance, helping the development of small, medium-sized and micro enterprises and the real economy. Haitong Hengxin said that it will make persistent efforts to continue to cultivate the small and micro series ABS into capital market products with the characteristics of Haitong Hengxin, build a bridge between the capital market and small, medium and micro manufacturing enterprises, and better serve the majority of small, medium and micro enterprises and the real economy.
