HUA XIA BANK(SH:600015) Nan Jing Ri Bao·2025-03-31 02:55Core Insights - The successful launch of the green ABS project by Huaxia Bank in Nanjing represents a new approach for revitalizing assets and upgrading industrial parks, with significant demonstration and reference value [1] Group 1: Project Overview - The project involves the issuance of a green ABS based on steam charging revenue rights, marking the first of its kind in the country [1] - The underlying asset is the steam charging revenue rights held by Nanjing Jiangbei New District Construction Investment Group, which has received the highest level G1 green certification [1] - The total issuance scale of the project is 1.05 billion yuan, with Huaxia Bank investing 1 billion yuan and providing patient capital support for up to 9 years [1] Group 2: Industry Context - Nanjing is actively enhancing its new materials pillar industry by establishing the Jiangbei New Materials Science and Technology Park, aiming to become a hub for advanced chemical manufacturing in Jiangsu Province [1] - The project aligns with national and local government efforts to promote energy conservation and emission reduction in industrial parks, as well as to improve public infrastructure [2] Group 3: Financial Mechanism - Huaxia Bank provided a professional solution by registering and issuing the ABS product based on the steam charging rights, facilitating the introduction of long-term patient capital for the park's operations [2] - The project involved coordinated efforts among Huaxia Bank's headquarters, branches, and the efficient collaboration with Zhongbaodeng, taking over two months from initial discussions to successful launch [2] Group 4: Environmental Impact - The project aims to transform the heating model of the park by implementing a centralized heating system using medium-pressure steam pipelines, reducing the reliance on dispersed heating facilities [2] - This centralized system is expected to lower emissions of sulfur dioxide, nitrogen oxides, and particulate matter, contributing to environmental sustainability [2] - The stable and reliable thermal energy supply from the centralized system will ensure continuous production activities for enterprises, promoting stable economic development within the park [3]