Gasgoo Munich- On March 24, a listing ceremony for the "CITIC Securities-Mirattery Holding-Type Power Battery Green Asset-Backed Special Plan (Sci-Tech Innovation)" was successfully held at the Shanghai Stock Exchange (SSE). This event marks the official listing of the world's first holding-type power battery ABS led by Mirattery, representing a critical step in the company's asset securitization journey.
Issued on the SSE in February 2026, this holding-type power battery ABS raised 501 million yuan. Mirattery acted as the originator, with CITIC Securities serving as the plan manager and sales agency. The underlying assets operate on a leasing model, providing power battery services directly to car owners.
Image Source: Mirattery
The successful issuance signals a new phase for Mirattery's capital market operations. By listing battery assets as a distinct asset class on a stock exchange, the company has blazed a new trail for power battery securitization. This move is set to boost operational efficiency for battery assets and stands as another landmark product in the SSE's push to develop green and innovation-driven finance.
As Mirattery CEO Lai Xiaoming noted in his address, the listing represents far more than the launch of a financial instrument. It is a significant milestone in Mirattery's deepening of battery asset operations and its exploration of securitization, fusing green finance with technological innovation. It also reflects the company's mission to "bring battery services to every household." Moving forward, Mirattery aims to continue revitalizing power battery assets, bridging industrial assets with the capital market to drive the high-quality development of China's new energy sector.
Pan Feng, a director at CITIC Securities and co-head of its Global Investment Banking Management Committee, remarked that the issuance marks a milestone for China's power battery management sector in capital operations. Leveraging its deep expertise in asset securitization and REITs, CITIC Securities will work alongside Mirattery to ensure robust asset operation and post-issuance management. Together, they aim to drive the deep integration of capital operations with the technological, green, and inclusive trends shaping the new energy industry.
