XPENG Completes RMB964 Million Debut Issuance of Auto Leasing Carbon-neutral Asset-backed Securities on the Shanghai Stock Exchange – QNT Press Release

XPeng Inc. ((“XPENG” or the “Company, NYSE:XPEVHKEX: 9868)), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that its subsidiary, Guangzhou Xiaopeng Automotive Financial Leasing Co., Ltd., has successfully concluded its debut of RMB964 million (app. US$133.5 million) automobile leasing carbon-neutral asset-backed securities (“ABS”) on the Shanghai Stock Exchange.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221103006434/en/

XPENG G9 (Photo: Business Wire)

The issuance marks XPENG’s second ABS issuance in its home capital market, further diversifying its direct financing channels on the two major exchanges in China following its debut ABS issuance on the Shenzhen Stock Exchange in March this year.

The issuance is also…

Full story available on Benzinga.com

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