It is reported that CreditEase won the sixth "Fu Jie Prize" for its ABS products in the financial leasing market. What award is this?
The "Fu Jie Prize" is an award initiated by China of Chua's family, aiming at commending institutions and individuals who have made outstanding contributions in the field of asset securitization. It is regarded as one of the most influential and innovative industry benchmark awards in the entire financial industry. The award-winning product of CreditEase was the "2020 CreditEase Leasing Phase I Asset Support Special Plan" successfully issued in April 2020, with a total issuance scale of 1 1.07 1 100 million yuan. This issue has been actively subscribed by institutional investors, which shows CreditEase's leading position in the auto financing leasing industry.