Report Industry Investment Rating - Not provided in the content Core Viewpoints - The report presents a weekly summary of non - standard asset risk events from February 9 to February 28, 2025, including new events and a comprehensive list of non - standard risk events involving bond - issuing entities since 2025 [1][2] Summary by Relevant Content New Non - Standard Risk Events in the Report Period - On February 9, 2026, 3 new non - standard risk events occurred, with 1 involving a bond - issuing entity, which was the "Zhongrong - Xiangrong 287th Collective Fund Trust Plan" on February 11. This trust plan, issued by Zhongrong International Trust Co., Ltd., has a total scale of 1.1 billion yuan, and the funds are invested in the perpetual debt of Huaxia Happiness. As of 2026, the trust plan is considering taking legal action against relevant parties [2] Statistics of Non - Standard Risk Events Involving Bond - Issuing Entities - As of the end of last week, there were 102 non - standard risk events involving bond - issuing entities since 2025. By province, Shandong and Yunnan had 20 and 11 events respectively, followed by Guangdong with 9 and Shaanxi with 7. By prefecture - level city, Kunming, Weifang, and Qingdao had relatively more occurrences, with 8, 8, and 7 events respectively. Since 2026, there have been 14 such events, mainly in Shandong and Tianjin, with 4 and 3 events respectively. By prefecture - level city, Dezhou, Shenzhen, and Xi'an each had 2 events [3] Detailed List of Non - Standard Risk Events Involving Bond - Issuing Entities - The report provides a detailed list of non - standard risk events involving bond - issuing entities since 2025, including event dates, product names, involved bond - issuing entities, financing parties, risk types, involved regions, and involved amounts. The risk types include "defaulted", "risk warning", and "repaid" [4][6][8]
非标资产风险周报-20260304