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[Honors and Awards] CCXI was honored with the "Comprehensive Strength Award" of the first "DangJin Cup" 2023 China Asset Securitization

14 AUG 2024

On August 10, 2024, the "Walking towards the New" and "Seeking Changes with Quality" - the 2024 China Asset Securitization High-Quality Development Forum and the first "Dang Jin Cup" 2023 China Asset Securitization Industry Selection and Awards Ceremony sponsored by Contemporary Finance were held in Beijing. CCXI was awarded the "Comprehensive Strength Award".

 

Self Photos / Files - 微信图片_20240815110345CCXI was awarded the "Comprehensive Strength Award"

 

In addition, 20 products rated by CCXI won the "Dang Jin Cup" 2023 Best Asset Securitization Project Award, accounting for more than 55% of all award-winning projects.

 

Double Carbon Target Service Award

CCCC-Taixing Economic Development Zone Wastewater Treatment and Ecological Environment Improvement PPP Project Green Asset Support Special Plan

CITIC Construction Investment-Beijing Qinghai Financial Building Green Asset Support Special Plan (Carbon Neutrality)

State Power Investment Corporation Limited's 2023 New Energy No. 4 First Phase Green Directional Asset-backed Commercial Paper (Carbon Neutral Bond)

Belt and Road Construction Service Award

Sichuan Port and Shipping Investment Group Co., Ltd. 2023 No. 2 First Phase Directional Asset-backed Commercial Paper

Sichuan Port and Shipping Investment Group Co., Ltd. 2023 No. 2 Second Phase Directional Asset-backed Commercial Paper

Huaxia-Ping An-Dongzao Port Port Fee Revenue Rights First Phase Asset Support Special Plan (Belt and Road Initiative-Yangtze River Economic Belt)

Rural Revitalization Service Award

Wuchan Zhongda Finance Leasing Group Co., Ltd. 2023 No.1 Directional Asset-backed Commercial Paper (Rural Revitalization)

Beijing Haidian District State-owned Assets Investment Group Co., Ltd. 2023 No.1 Directional Asset-backed Support Bond (Rural Revitalization)

CITIC Securities-Xinxiwang Factoring Inclusive No.1 Asset Support Special Plan (Rural Revitalization)

Regional Economic Development Service Award

Changxingye 2023 Fourth Phase Micro Enterprise Loan Asset-backed Securities

Beijing Greenbase - Chang'an Xingrong Center Asset Support Special Plan

Haifabaocheng Finance Leasing Yunhang No.3 Fifth Phase Yangtze River Economic Belt Asset Support Special Plan

Science and Technology Innovation Enterprise Service Award

Shouchuang-Wuhan Leasing Intellectual Property 1st Phase Asset Support Special Plan (Specialized, Refined, Unique, and Innovative)

ESG Concept Implementation Award

Huaxi-Zigong Public Transportation Operating Fee Revenue Rights Green Asset Support Special Plan

Intelligent Risk Control Application Award

Anyihua 2023 No.1 Personal Consumption Loan Asset-backed Securities

Digital Transformation Promotion Award

Guolian Manyang 3rd Phase Asset Support Special Plan

Innovative Feature Service Award

Tonghui Shuke 2023 No.1 Luqiao Group Supply Chain Bill Directional Asset-backed Commercial Paper supported by Lugao Expressway

China Railway Capital Gongxin 21st Phase Asset Support Special Plan

Xinhua Factoring - Xinjiangsu Red Inheritance No.2 Factoring Receivables Asset Support Special Plan

Xugong Group Construction Machinery Co., Ltd. 2023 No.1 Directional Asset-backed Bond

 

On the day of the forum, Lv Bo, a senior analyst at CCXI's Structured Finance Department, was invited to participate in a roundtable discussion titled "Transformation · Innovation - Focusing on the New Features and Trends of Credit Asset Securitization". Lv Bo pointed out that looking back at the development process of the credit asset securitization market in China in the past decade, after experiencing a period of rapid development and mature explosion, the market has entered a phase of adjustment, presenting new characteristics of declining demand for issuance and changes in product structure due to multiple factors. From the market perspective, credit asset securitization products have always maintained excellent credit performance with relatively strict admission standards, standardized structural design, and relatively complete risk mitigation arrangements. The credit asset securitization market has a good institutional and environmental foundation. With the gradual implementation of relevant measures such as deepening reforms, and the continuous manifestation of the stabilizing growth policy effects, the credit asset securitization market may usher in stabilization and growth.

 

CCXI is the first company in China to participate in asset securitization rating business. It has been engaged in credit rating business for more than 30 years, with strong technical strength and extensive market influence, and has been unanimously recognized by regulatory agencies and market participants. CCXI has always been committed to providing professional, high-quality, and efficient rating services for asset securitization business, adhering to the strategy of service capacity preposition, and actively participating in the research and development of various innovative businesses. The award of the "Comprehensive Strength Award" and the fact that 20 products won the Best Project Award once again verified CCXI's outstanding innovation ability and good market reputation, and also inspired us to continue to contribute to the high-quality development of the Chinese asset securitization market.