On September 11, 2025, Landing Law Offices assisted CCCC Financial Leasing Co., Ltd. in successfully obtaining filing approval from the Shanghai Stock Exchange and completing the issuance of its Fourth Asset-Backed Special Plan (ABS), achieving a “zero feedback” result in the legal review process.

In this ABS project, CCCC Financial Leasing Co., Ltd. served as the originator and CCCC Xiong’an Financial Leasing Co., Ltd. as the original creditor. The underlying assets were formed through internal transfer of leasing assets, marking another major structural innovation. The total issuance scale reached RMB 1.192 billion, with coupon rates as follows: 1.88% for Priority A1, 1.84% for Priority A2, and 1.88% for Priority A3. The project continued to adopt a partially credit-enhanced transaction structure. Despite the current market volatility and increasingly cautious investor sentiment, the issuance attracted strong subscription demand, once again demonstrating the robust strength of the CCCC Leasing Group and the capital market’s high recognition of the group’s creditworthiness.

Landing Law Offices acted as the special legal advisor for this ABS issuance, providing comprehensive legal services including transaction structure design, legal due diligence, verification of underlying assets, drafting and revising transaction documents, issuing legal opinions, and witnessing the issuance.

For this project, Landing’s legal team, comprising Attorney Liu Zhaofu, Attorney Li Jinchang, and legal assistants Lu Qianlin, Jiang Yu, and Yao Jinsong, delivered professional and efficient legal services. Landing Law Offices will continue to uphold its philosophy of “absolute professionalism” and remain committed to providing clients with high-quality, specialized legal services.