Weiye Co., Ltd.: The accounts receivable asset securitization product to be issued this time is a shelf quota.

Securities Star News, Weiye Co., Ltd. (300621) responded to investor questions on the investor relations platform on March 9.

Investor: Hello, Secretary of the Board. The company recently announced plans to issue 2 billion yuan of accounts receivable asset-backed securities. Who are the subscribers for this large amount of funds? Does it involve local Asset Management Companies (AMCs) or state-owned investment platforms? Is this the first step in major asset restructuring or introducing strategic investors by the major shareholder? Under the pressure on the company’s performance, can this funding fully resolve the company’s cash flow crisis or even be used to acquire external high-tech assets?

Weiye Co., Ltd. Secretary of the Board: Dear investor, hello! The accounts receivable asset-backed securities planned for issuance are a shelf registration, to be issued in phases based on market conditions and company needs. The issuance method will be through market-based bookbuilding or agreement issuance, with no specific subscribers designated. The company’s goal in conducting accounts receivable securitization is to fully utilize financial market financing tools and broaden financing channels. It does not involve major asset restructuring or other funding arrangements. The company will strictly fulfill its information disclosure obligations according to regulations. Please pay attention to investment risks. Thank you for your concern!

The above content is compiled from publicly available information by Securities Star and generated by AI algorithms (Wang Xin Suan Bei 310104345710301240019). It does not constitute investment advice.