ENN ENERGY's first REITs listed on the Shenzhen Stock Exchange

ENN ENERGY (02688.HK) announced that the "ENN Pan Energy Phase 1 Carbon Neutral Green Asset-Backed Special Plan" (similar to REITs) was listed on the Shenzhen Stock Exchange yesterday (12th). This product is the first issuance of the "ENN Pan Energy Phase 1-8 Carbon Neutral Green Asset-Backed Special Plan" shelf product, with a total shelf registration scale of RMB 4 billion and an initial issuance scale of RMB 608 million, with a coupon rate of 2.6%, and has received a "AAA" highest credit rating from United Ratings. The special plan is supported by high-quality green assets such as distributed photovoltaics and supporting energy storage, with a comprehensive risk control and exit mechanism in place.

Zhang Yuying, Executive Director and CEO of ENN ENERGY, stated that the successful issuance and listing of this product is a key step for the company in responding to the national "dual carbon" strategy and deepening the integration of industry and finance, which not only optimizes the capital structure but also provides important practice for revitalizing existing green assets and innovating green financial models.

ENN ENERGY will continue to rely on the capital market to steadily promote subsequent shelf issuances, empower asset lean operations through digital intelligence, and actively promote the green transformation of the energy structure