沪市债券新语 | ABS架梁引金融活水助中小微企业解融资难题

新华财经2025-12-23

新华财经上海12月23日电（记者杨溢仁）近日，“京东科技-京诚系列15号7期供应链保理合同债权绿色资产支持专项计划”在上交所成功发行，引发业界关注。据悉，该产品的计划管理人为华泰证券资管，优先级票面利率为1.76%，受到市场投资人的踊跃认购，标志着京东科技在普惠金融和绿色金融领域实现新突破，充分展现了以供应链赋能中小微企业纾困成长、以金融工具赋能绿色发展的责任担当。全产业链赋能：京东科技服务中小...

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href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251223190718a6c5b208&s=b><strong>新华财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>新华财经上海12月23日电（记者 杨溢仁）近日，“京东科技-京诚系列15号7期供应链保理合同债权绿色资产支持专项计划”在上交所成功发行，引发业界关注。据悉，该产品的计划管理人为华泰证券资管，优先级票面利率为1.76%，受到市场投资人的踊跃认购，标志着京东科技在普惠金融和绿色金融领域实现新突破，充分展现了以供应链赋能中小微企业纾困成长、以金融工具赋能绿色发展的责任担当。全产业链赋能：京东科技服务中小...</p>\n\n<a 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problems","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"89618":0.6,"09618":1.86,"JD":1.86},"content_text":"新华财经上海12月23日电（记者 杨溢仁）近日，“京东科技-京诚系列15号7期供应链保理合同债权绿色资产支持专项计划”在上交所成功发行，引发业界关注。据悉，该产品的计划管理人为华泰证券资管，优先级票面利率为1.76%，受到市场投资人的踊跃认购，标志着京东科技在普惠金融和绿色金融领域实现新突破，充分展现了以供应链赋能中小微企业纾困成长、以金融工具赋能绿色发展的责任担当。全产业链赋能：京东科技服务中小微企业破局成长记者了解到，本期ABS（资产支持专项计划）产品的底层资产为京东供应链金融科技板块的保理融资产品“京保贝”，基于供应商和京东的应收账款，为上游供应商提供应收账款融资服务，已持续稳健运营十余年。可以看到，依托供应商在京东零售供货等各方面的数据，“京保贝”可以实现分钟级放款，助力供应商实现更快收款、更快周转，从而撬动更大的经营规模，获得了供应商的广泛认可。据统计，京东供应链金融科技全链路产品每年为产业链上下游企业提供融资金额约5000亿元，服务大型企业超3000家、中小企业超200万家。在市场人士看来，京东供应链金融科技聚焦商家备货、销售、回款全链条资金需求，依托“京保贝”等产品构建了“全周期、场景化”的资金解决方案，盘活了京东生态内外商家的存量资产，大大提高了生产经营效率。引金融活水：ABS为实体产业经济注入强劲动力当前，市场上支持中小微企业的融资产品体系多元，但限于自有资金规模及周转效率，一定程度上制约了对中小微企业的支持效能。而ABS凭借标准化运作、低成本资金对接及产业链赋能优势，恰好为破解这一痛点提供了有效路径。ABS作为融资工具，通过资产信用增级、风险分散机制，高效对接资本市场低成本资金，为产业链融资提供精准赋能。值得一提的是，此前在上交所发行的“京东科技-京诚系列15号2期供应链保理合同债权绿色资产支持专项计划”，优先级票面利率低至1.68%，创下全市场同期同类型产品利率新低，也充分体现了投资者对京东发行此类ABS产品的高度认可。与此同时，依托ABS融资成本优势，京东科技“京保贝”对客融资利率持续下行，进一步让利产业链主体。据悉，截至目前，2025年京东科技-京诚系列ABS已在上交所累计发行约160亿元，既帮助京东科技培育供应链生态，更将低成本融资红利传导至上游中小微供应商，实现资金精准反哺，切实缓解了中小微企业融资难、融资贵问题。依托多元业务场景：以ABS为赋能载体驱动绿色发展及中小微企业纾困增效本次京东科技发行ABS的募集资金拟投向节能家电采购应收账款保理项目，底层家电采购相关产品均为高效节能家用电器。京东科技的相关负责人告诉记者，京东科技将继续深化在中小微企业融资支持和绿色金融领域的探索与实践，依托京东集团的多元业务场景，创新金融产品与服务，促进实体经济提质增效，助力国家发展战略的实施。据悉，京东科技还计划于12月底发行“京东科技-尚亦系列”动产融资质押ABS产品，持续加大对京东供应链上下游中小微企业的支持力度。需指出，截至2025年11月末，本年度上交所发行的中小微企业支持ABS已超800亿元，中小微企业支持债券超180亿元，同比均显著增长。上交所债券业务相关负责人表示，下一步，上交所将继续在中国证监会的统筹指导下，充分发挥交易所债券市场服务国家战略和实体经济功能，扎实做好普惠金融“大文章”。着力提升制度包容性、适应性，构建包括中小微企业融资支持ABS、中小微企业融资支持债券、科技创新债券等多元产品体系，精准赋能中小微企业融资，着力破解其融资难、融资贵问题。同时，引导和服务市场参与主体强化产品创新、完善风控机制、加强投融对接，在风险可控前提下支持更多中小微企业通过ABS等工具获得融资支持，鼓励更多投资人熟悉、投资相关产品，依托产业链供应链核心企业信用赋能上下游中小微企业，拓宽中小微企业融资渠道、降低融资成本，实现“龙头带动、链式赋能”的普惠效应。编辑：李一帆","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 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沪市债券新语 | ABS架梁 引金融活水助中小微企业解融资难题

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沪市债券新语 | ABS架梁引金融活水助中小微企业解融资难题