According to the Zhitong Finance App, Huadian International Electric Power Co., Ltd. (01071.HK) announced that the company plans to register with the China Interbank Market Dealers Association to issue RMB asset-backed notes. The total amount of RMB asset-backed notes to be issued by the company this time will not exceed RMB 3.2 billion, and the period is expected to be 23 years. Under the asset support notes, Hubei Company, Energy Marketing Company and Huadian Jintai plan to sign a partnership agreement to establish a limited partnership. According to this, Hubei Company and Energy Marketing Company will invest RMB 794 million and RMB 101 million respectively in the limited partnership; the limited partnership, Hubei Company, and Jiangling Company will each sign a “Trust Contract” with Huaxin Trust. Based on this, Huaxin Trust will establish a service trust and provide fiduciary services to receive a total of approximately RMB 16 million in trust service rewards.

According to the Zhitong Finance App, Huadian International Electric Power Co., Ltd. (01071.HK) announced that the company plans to register with the China Interbank Market Dealers Association to issue RMB asset-backed notes. The total amount of RMB asset-backed notes to be issued by the company this time will not exceed RMB 3.2 billion, and the period is expected to be 23 years. Under the asset support notes, Hubei Company, Energy Marketing Company and Huadian Jintai plan to sign a partnership agreement to establish a limited partnership. According to this, Hubei Company and Energy Marketing Company will invest RMB 794 million and RMB 101 million respectively in the limited partnership; the limited partnership, Hubei Company, and Jiangling Company will each sign a “Trust Contract” with Huaxin Trust. Based on this, Huaxin Trust will establish a service trust and provide fiduciary services to receive a total of approximately RMB 16 million in trust service rewards.