京东科技在上交所发行中小微企业支持及绿色ABS产品

Core Viewpoint - JD Technology's issuance of the "JD Technology - Jingcheng Series No. 15 Phase 7 Supply Chain Factoring Contract Debt Green Asset-Backed Special Plan" on the Shanghai Stock Exchange demonstrates a commitment to empowering small and micro enterprises and promoting green development through financial tools [1] Group 1: Asset-Backed Securities (ABS) Overview - The underlying assets of this ABS product are accounts receivable financing products from JD's supply chain finance technology sector, which have been operating steadily for over a decade [2] - JD's supply chain finance technology provides financing of approximately 500 billion yuan annually to over 2 million small and micro enterprises and more than 3,000 large enterprises [2] - The ABS product aims to address the financing challenges faced by small and micro enterprises by leveraging standardized operations and low-cost funding [3] Group 2: Financial Impact and Market Response - The issuance of previous ABS products by JD, such as the "JD Technology - Jingcheng Series No. 15 Phase 2," achieved a record low priority interest rate of 1.68%, reflecting strong investor confidence [3] - JD Technology's ABS issuance has cumulatively reached about 16 billion yuan this year, significantly alleviating the financing difficulties faced by small and micro enterprises [3] Group 3: Green Development Initiatives - The funds raised from the current ABS issuance are intended for accounts receivable factoring projects related to energy-efficient home appliances, aligning with national strategies for energy conservation and emission reduction [4] - JD Technology plans to continue its support for small and micro enterprises and green finance, with upcoming issuances such as the "JD Technology - Shangyi Series" movable asset financing pledge ABS [4] Group 4: Regulatory and Market Support - The Shanghai Stock Exchange has actively promoted product and mechanism innovations to support small and micro enterprises, with over 80 billion yuan in ABS issued this year [5] - Future efforts will focus on enhancing the inclusivity and adaptability of the bond market to better serve national strategies and the real economy [5]