Goyang Technology (00818) officially established the second phase of the Asset Support Special Plan with a total distribution scale of 170 million yuan

Zhitong Finance App News, Gaoyang Technology (00818) issued an announcement regarding the Ronghui Zhida - Xingyue 2 Supply Chain Financial Asset Support Special Program (Asset Support Special Plan) and the issuance of asset-backed securities backed by claims under specific loan trusts in China. The second phase of the Special Asset Support Program was officially established on July 22, 2026, with a total issuance scale of RMB 170 million.

Asset-backed securities are prioritized and subordinated according to risk, return, and maturity. The right of holders of priority asset-backed securities to receive dividends and principal payments of asset-backed securities has priority over holders of secondary asset-backed securities.

Proceeds from issuing asset-backed securities will mainly be used as general working capital for the Group's fintech business classification. The Board of Directors believes that issuing asset-backed securities through a special asset support program can effectively broaden the Group's financing channels, obtain low-cost capital, thereby optimizing the company's financing structure and promoting business activities and investment layout.

The directors believe that the terms for issuing asset-backed securities are fair and reasonable, and in line with the overall rights and interests of the Company and shareholders.