PARTNERS
China Merchants Bank, Shanghai Pudong Development Bank, China Merchants Securities and CITIC Construction Investment Securities have become our company's stable capital suppliers and business guidance and cooperation partners with their strong financial advantages and market strength, and have formed a strong market development team with our company.
China Merchants Bank was established in 1987 and is headquartered in Shekou, Shenzhen. It is the first joint-stock commercial bank in China that is wholly owned by corporate legal persons and the first pilot bank for the country to promote banking reform from outside the system.
* China Merchants Bank has initiated multifaceted business cooperation with our company. Within the domain of asset securitization, China Merchants Bank and our company have jointly issued projects such as Midea ABN.
As early as 2003, Shanghai Pudong Development Bank started innovative research on asset securitization and became the first joint-stock commercial bank in China to issue credit asset-backed securities. Shanghai Pudong Development Bank has rich experience as a project sponsor and has issued credit asset securitization products worth more than RMB 100 billion.
* SPDB (Shanghai Pudong Development Bank) has embarked on a wide range of business collaborations with our company. In the field of asset securitization, SPDB has cooperated with us in issuing projects including Minmetals ABN, Midea ABN, and Times ABN.
China Merchants Securities ranked third in bonds in 2018, with an amount of nearly 500 billion yuan. It recently launched a number of benchmark projects including the first state-owned asset REITs Hong Shopping Mall REITs and the first financial institution REITs Kaiheng Building REITs.
* Having a solid cooperation foundation with our company, in terms of asset securitization, they have cooperated with our company to issue the Times ABS project.
CITIC Securities ranked first in two bond rankings in 2018. It has outstanding innovation capabilities in the field of asset securitization. It has creatively designed transaction structures such as dual SPV and debt-based REITs in the exchange market, and its issuance projects include multiple types of underlying assets such as automobile financial leasing, commercial property leasing, trust beneficiary rights, and property fee income.
* Having a solid cooperation foundation with our company, in terms of asset securitization, they cooperated with our company to issue the Midea ABN project.
