上海畅途租赁成立于2014年8月，注册资本15亿美元，是一家以乘用车融资交易业务为主的融资租赁公 司，致力于为客户提供便捷、多元的汽车融资租赁解决方案，目前主要产品和服务涵盖新车融资租赁、 二手车融资租赁等。近年来，企业融资租赁业务和贷款促成业务均持续发展，业务规模呈增长态势，在 汽车融资租赁细分行业具备较强的行业竞争力。 本期项目基础资产为8,634笔汽车融资租赁债权，其中二手车租赁标的物占比59.30%，契合国务院《推 动大规模设备更新和消费品以旧换新行动方案》中"支持二手商品流通交易"的政策导向，精准对接"两 新"政策。作为市场首批试点逐笔信息披露的产品，本期ABN实现了对基础资产逐笔重要字段的信息披 露，显著提升产品透明度，有助于保护投资人权益，促进资产证券化市场稳健发展。 近日，由国泰海通担任牵头主承销商的上海畅途融资租赁有限公司（简称"上海畅途租赁"）2025年度第 三期两新定向资产支持票据在银行间债券市场成功发行。本项目发行规模8.15亿元，底层资产为企业在 汽车融资租赁业务中积累的优质租赁应收款，是全国首单融资租赁贴标"两新"ABN，也是首批使用交易 商协会ABN基础资产逐笔信息披露系统的产品 ...

Group 1 - The second-hand car market is experiencing significant growth due to favorable policies and increasing vehicle sales, which is crucial for revitalizing the automotive stock and boosting new car consumption [1] - The National Development and Reform Commission and the Ministry of Finance have announced a policy to enhance the replacement of operational vehicles and promote trade-in for household cars, increasing subsidy amounts and expanding coverage [1] - Despite the positive trends, the demand for new cars is being suppressed by ongoing price reductions and the gradual implementation of trade-in policies, leading to continued operational pressure on dealers in the short term [1] Group 2 - Lianzhong Youche is injecting new vitality into the second-hand car market through its deep engagement in the financial services sector, directly connecting consumers with car dealers via a direct sales model [2] - The company leverages big data and AI technology for intelligent assessment, risk control, and auditing, significantly enhancing management efficiency and risk management capabilities [2] - Lianzhong Youche is focused on upgrading its service offerings to enhance brand competitiveness, providing a seamless online service experience and optimizing approval processes for more efficient financial services [2] Group 3 - As the second-hand car market continues to thrive, Lianzhong Youche is becoming a key player in driving high-quality industry development through its excellence in financial services, risk control systems, and user experience [3] - The company aims to strengthen collaborations with government, industry associations, and upstream and downstream enterprises to promote the prosperity of the second-hand car market [3] - Lianzhong Youche is committed to monitoring market dynamics and consumer demand changes to adjust its business strategies and service models accordingly [3]