Gasgoo Munich-On June 30, Mirattery successfully established its second green technology innovation asset-backed special plan on the Shanghai Stock Exchange, issuing a total of 971 million yuan. That same day, the company’s third 2026 green directed ABN (Bond Connect) was also successfully set up, with a total issuance of 1.05 billion yuan. The coupon rate for the senior A1 tranche of both asset securitization products stood at 1.68% — a record low for this stage. This innovative financing drive marks two major achievements in Weinan's series of green asset securitization efforts, signaling that the capital market continues to recognize the company's business growth and its strength in green technology innovation. Image source: Weinan Weinan has long focused on battery asset operations, exploring asset securitization to fuse green finance with technological innovation. By continuously unlocking the value of power battery assets, the company bridges the gap between industrial assets and the capital market, supporting China's new energy sector's high-quality development. With this dual-track approach, the second green technology innovation asset-backed special plan and the third 2026 green directed ABN (Bond Connect) drew a strong response from the capital market and saw active subscription from investors. The raised funds will be used for Weinan’s battery services, green technology innovation, and the commercialization of industrial achievements. This capital aims to boost business development and tech upgrades, enabling Weinan to further unlock the value of its battery assets. To date, Weinan’s operating battery assets have exceeded 53 GWh. To continue tapping into the green and economic benefits of these batteries, the company is innovating its financing models and broadening low-cost funding channels. The simultaneous launch of these two products represents another key milestone in Weinan’s green technology financing strategy. Looking ahead, Weinan will continue to deepen its presence in the battery service sector. By leveraging innovative paths such as asset securitization and inter-agency REITs, the company plans to drive the development of its battery management business and the implementation of industrial results. Working closely with various investment institutions to optimize its capital structure, Weinan aims to unleash the green value of full-lifecycle battery management—bringing battery services to households nationwide and supporting the country's "dual carbon" strategic goals.
Liked by Lauren Bouchard, Mia Pelletier
Liked by Lauren Bouchard, Mia Pelletier
Liked by Lauren Bouchard, Mia Pelletier
