Financials, Automotive, Technology Feb 23, 2022 05:20 PM (GMT+8) · EqualOcean
Sany Heavy Industry announced that Sany leasing, a holding subsidiary, plans to apply for registration and issue asset-backed securities (ABS) of no more than 20 billion yuan. Sany group, the controlling shareholder of the company, plans to subscribe for all subordinated asset-backed securities (the subscription amount does not exceed 3 billion yuan), and this transaction constitutes a related party transaction.
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