---
title: "GCLET has implemented the largest scale ABN for power supply and heating assets in 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263876167.md"
description: "On October 29th, Xiexin Group's Taicang Port Xiexin Power Co., Ltd. received the \"Registration Acceptance Notice\" issued by the National Association of Financial Market Institutional Investors, with a registered amount of asset-backed notes reaching 4.53 billion yuan. It is reported that this asset-backed note is based on the heating and electricity income generated by 4 units of 330,000 kilowatts from Xiexin Power over the next 7 years, with a maturity period not exceeding 7 years"
datetime: "2025-11-02T07:51:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263876167.md)
  - [en](https://longbridge.com/en/news/263876167.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263876167.md)
generator: "portal-rs"
---

# GCLET has implemented the largest scale ABN for power supply and heating assets in 2025

On October 29th, Xiexin Group's Taicang Port Xiexin Power Co., Ltd. received the "Acceptance Registration Notice" issued by the China Interbank Market Dealers Association, with a registered amount of asset-backed notes reaching 4.53 billion yuan. It is reported that this asset-backed note is based on the heating and electricity income generated by Xiexin Taidian's four 330,000-kilowatt units over the next seven years, with a maturity period not exceeding seven years

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**