On January nineth, the first national intellectual property ABS including game and anime copyrights, "Caitong Hangzhou Binjiang Intellectual Property Phase one Asset Support Special Plan (Technological Innovation)," was listed on the Shenzhen Stock Exchange. Zhai Huiqing, member of the Standing Committee of the Hangzhou High tech Zone (Binjiang) District Committee and Minister of the Propaganda Department, Xia Lifen, member of the Party Committee and Deputy General Manager of Caitong Securities, Hu Jiahuan, Executive Deputy Minister of the Propaganda Department of Hangzhou High tech Zone (Binjiang), Shi Qiong, Director of the Market Supervision Bureau of Hangzhou High tech Zone (Binjiang), Zeng Yang, Deputy Director of the Development and Reform Bureau of Hangzhou High tech Zone (Binjiang), Ma Xiaoli, Assistant General Manager of Caitong Securities, Secretary of the Caitong Asset Management Party Committee and Chairman, Qian Hui, General Manager and Deputy Secretary of the Party Committee of Caitong Securities, attended the listing ceremony. The "Caitong Hangzhou Binjiang Intellectual Property Phase one Asset Backed Special Plan" was issued on December ten, two thousand twenty-four, with an issuance scale of one hundred and five million yuan and a priority coupon rate of two.thirty-four%. This plan is the first intellectual property ABS in Hangzhou High tech Zone (Binjiang), Zhejiang Province, and also the first intellectual property asset securitization product in China that includes game and animation copyrights. Caitong Securities serves as the financial advisor, and Caitong Securities Asset Management serves as the plan manager and sales agency. Zhai Huiqing, member of the Standing Committee of the Hangzhou High tech Zone (Binjiang) District Committee and Minister of Propaganda, stated that the successful listing and issuance of intellectual property securitization products is not only an important measure for Binjiang District to assist enterprises in financing and promote high-quality economic development through financial product innovation, but also an innovative practice and new exploration to transform the mode of intellectual property application. Next, the High tech Zone (Binjiang) will continue to support financial product innovation, collaborate with banks and other financial institutions to provide targeted innovative products for enterprises with financing needs, encourage more enterprises to deeply explore the value of intangible assets, especially give full play to the advantage of being ranked second in the "National Top one hundred Cultural Industry Zones", actively explore solutions to the problem of enterprise financing difficulties, and become a "new engine" for enterprises to do practical things and promote high-quality regional economic development. Xia Lifen, member of the Party Committee and Deputy General Manager of Caitong Securities, stated that this project is a good start for the government enterprise cooperation between Hangzhou High tech Zone (Binjiang) People's Government and Caitong Securities. Caitong Securities will work together with the High tech Zone (Binjiang) to continue focusing on key industries such as high-end chips, digital health services, and robots in the area, and is committed to achieving a new leap in scale and depth in the field of intellectual property securitization. At the same time, Caitong Securities will always adhere to the principle of customer-centric, adhere to the fundamental purpose of financial services for the real economy, help Zhejiang businessmen and enterprises develop in a high-quality manner, help investors maintain and increase their wealth, contribute to the high-quality development of "active capital market", and make new and greater contributions to the writing of a new chapter of Chinese path to modernization in Zhejiang. (Caitong Securities)