Kyushu Express announced that the 2024 Second Asset-Backed Note Trust was established on July 19, 2024 and expires on July 20, 2026. The trust has a registration amount of 3 billion yuan and an issuance amount of 1 billion yuan. During its existence, it received 4.194 billion yuan in recovery of the underlying assets, and the default amount was zero. During the period, fees such as trust remuneration, asset support note income and principal amount were paid, with VAT and surcharges totaling RMB 24.0659 million. Eight revolving purchases were carried out, adding an amount of 3.182 billion yuan in basic assets and a purchase price of 3.120 billion yuan. The funds raised are used to repay debts and supplement working capital, and the initiator keeps it risk-free. The balance of the special trust account of $31,400 and interest during the settlement period went to the secondary beneficiaries.

Kyushu Express announced that the 2024 Second Asset-Backed Note Trust was established on July 19, 2024 and expires on July 20, 2026. The trust has a registration amount of 3 billion yuan and an issuance amount of 1 billion yuan. During its existence, it received 4.194 billion yuan in recovery of the underlying assets, and the default amount was zero. During the period, fees such as trust remuneration, asset support note income and principal amount were paid, with VAT and surcharges totaling RMB 24.0659 million. Eight revolving purchases were carried out, adding an amount of 3.182 billion yuan in basic assets and a purchase price of 3.120 billion yuan. The funds raised are used to repay debts and supplement working capital, and the initiator keeps it risk-free. The balance of the special trust account of $31,400 and interest during the settlement period went to the secondary beneficiaries.