On September 23, Shenzhen Shendan Zengxin financing guarantee Co., Ltd., which is owned by the Shenzhen municipal state-owned enterprises in Shenzhen security group, "Shangyin international investment (Shenzhen) Co., Ltd successfully issued the first phase of the 2020 intellectual property rights" targeted asset-backed bills in Shenzhen Nanshan district. The project is the first intellectual property rights ABN project of small and medium-sized enterprises in Chinese Interbank Trader Association.
The actual financing cost of this ABN project is no more than 2.8% after the exemption of Shenzhen Nanshan District government subsidy and Shenzhen Guarantee Group fee.