Group 1 - The company, Beijing Energy International, plans to launch an asset-backed special plan, with the issuance of asset-backed securities expected on the Shanghai Stock Exchange by November 2025 or a later date to be determined [1] - The purpose of the asset-backed securities is to invest in the underlying assets held by its subsidiary, Jingneng Development, and to raise funds for the operation and development of the group's business [1] - The company will appoint a project manager for the asset-backed special plan, and Jingneng Development will conditionally agree to transfer the entire equity of Xinyou, Youyu, and Liu'an to the asset-backed special plan for cash consideration of no less than RMB 137 million, RMB 344 million, and RMB 163 million respectively [1] Group 2 - The board believes that the proposed issuance of asset-backed securities will enhance asset utilization, improve overall asset turnover, and increase the company's overall working capital [1] - This initiative is also expected to help reduce financial costs and enhance the company's investment and financing capabilities [1]
北京能源国际拟推出资产支持专项计划