GAC Leasing successfully issued its first exchange ABS

GAC Leasing successfully issued its first exchange ABS on the Shanghai Stock Exchange on September 5, 2023, with a scale of 1.5422 billion yuan. The issuance rate hit a new low for financial leasing ABS this year, which will help reduce financing costs and optimize the financing structure. In addition, as a "carbon neutral" green project, the project will promote green and low-carbon development. As the first financial leasing company in Guangdong Province, GAC Leasing focuses on providing automobile financial leasing services, covering multiple sectors and currently covering 31 provinces across the country.