申万宏源与华夏金租首度携手，助力首单云南金融债成功发行

Core Viewpoint - Huaxia Financial Leasing Co., Ltd. successfully issued its 2025 financial bonds (second phase) with a scale of 4.5 billion yuan and a record-low coupon rate of 1.84% [2] Group 1: Company Overview - Huaxia Financial Leasing was established on April 28, 2013, and is a national financial leasing company approved by the former China Banking and Insurance Regulatory Commission [2] - The company has a registered capital of 10 billion yuan and operates in various sectors including environmental protection, energy, electricity, transportation, equipment manufacturing, medical, communications, mining, and aviation [2] - As of the end of 2024, the total assets of the company are nearly 190 billion yuan, showing steady growth and improved profitability, with key operational indicators such as ROA, ROE, and cost-to-income ratio exceeding industry averages [2] Group 2: Bond Issuance Details - The bond issuance has a term of 3 years and a principal rating of AAA, marking a significant achievement for the issuer [2] - This collaboration with Shenwan Hongyuan Securities represents the first successful practice in bond financing, laying a solid foundation for future long-term strategic cooperation [2] - Shenwan Hongyuan Securities aims to leverage this opportunity to provide comprehensive and high-quality financial services to Huaxia Financial Leasing, fostering a stable and trustworthy long-term partnership [2]