Core Viewpoint - The article highlights the recent achievements and initiatives of Shenwan Hongyuan Securities, including support for high-tech enterprises, successful issuance of green financial products, and participation in international investment events [5][8][9]. Group 1: High-Tech Enterprises - Shenwan Hongyuan assisted Chongqing Yingfan Technology Co., Ltd. in successfully listing on the National Equities Exchange and Quotations (NEEQ) on September 15, 2025, focusing on thermal management solutions [5]. Group 2: Green Finance - On September 26, 2025, Shenwan Hongyuan acted as the lead underwriter for the first green technology innovation REITs in the market, with a total issuance scale of 1.406 billion yuan, rated AAA [8]. Group 3: International Engagement - Shenwan Hongyuan participated in the 25th China International Investment Trade Fair held on September 8, 2025, showcasing its commitment to financial strategies and international cooperation [9]. Group 4: High-Quality Development - The "2025 Shenwan Hongyuan Securities Wealth Management Forum" was successfully held on September 12, 2025, attracting nearly 500 high-net-worth individuals and representatives from 140 listed companies [11]. Group 5: Awards and Honors - Shenwan Hongyuan Securities received multiple awards at the 2025 Asia Risk Awards, including the "Best Derivatives House in China" [13]. Additionally, the company won four significant awards at the 2025 China Securities Industry Jun Ding Awards, recognizing its achievements in wealth management and digital practices [14][15].

Core Viewpoint - The successful issuance of the first phase of the green technology innovation asset-backed securities by Jintai Chanyong (Beijing) Venture Capital Fund Management Co., Ltd. marks a significant milestone in the transition of traditional industries towards green and low-carbon operations, showcasing the potential of financial innovation in revitalizing existing assets and achieving transformation upgrades [2][3]. Group 1 - The issuance scale of the asset-backed securities is 1.406 billion yuan, with a priority rating of AAA and a coupon rate of 2.6% [2]. - This project is notable for being the first of its kind in multiple categories, including the first equity-type REITs for Shenwan Hongyuan Securities, Angang Group, the steel industry, the interbank market, and the first green and technology innovation bond-type REITs in the entire market [2]. - The underlying asset is an 80MW high-temperature and high-pressure gas power generation unit, which utilizes advanced technology to convert waste gas into green electricity and promotes resource recycling, thereby reducing greenhouse gas emissions [2]. Group 2 - Angang Group is recognized as one of China's first "innovative enterprises," with products widely used in major projects such as the "West-to-East Gas Transmission," Qinghai-Tibet Railway, Beijing-Tianjin High-speed Railway, and the Three Gorges Water Conservancy Project [3]. - The project represents a significant practice in the transformation of traditional industrial enterprises towards green, low-carbon, high-end, and light asset operation models, reflecting the proactive exploration of traditional heavy asset industries through financial innovation [3]. - In the future, Shenwan Hongyuan Securities aims to further utilize REITs and similar innovative products to better fulfill social responsibilities and achieve industry-leading effects [3].