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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
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  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
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Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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XPeng Successfully Completes Debut Issuance of Auto Leasing Asset-backed Securities

First carbon-neutral automobile ABS on the Shenzhen Stock Exchange

XPeng Inc. (“XPeng” or the “Company,” NYSE: XPEV, HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that its subsidiary, Guangzhou Xiaopeng Automotive Financial Leasing Co., Ltd., has successfully concluded the issuance of RMB775 million ($122 million) debut automobile leasing asset-backed securities (“ABS”). The ABS will be listed on the Shenzhen Stock Exchange in March 2022.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220221005525/en/

XPENG P7 (Photo: Business Wire)

XPENG P7 (Photo: Business Wire)

The issuance marks XPeng’s inaugural ABS issuance in its home capital market, further diversifying its direct financing channels. It also spotlights as the first carbon-neutral automobile leasing asset-backed ABS on the Shenzhen Stock Exchange, highlighting bond investors’ recognition of XPeng’s carbon neutrality and ESG (Environmental, Social and Governance) initiatives, as well as its ongoing commitment to sustainability.

The ABS issuance attracted a large number of institutional investors in Mainland China, achieving the lowest coupon rate for auto leasing ABS among China’s emerging automakers. The issued ABS of RMB624 million in the senior A tranche with a debt rating of AAA have a coupon rate of 3.00%, due in 1 year. The issued ABS of RMB31 million in the senior B tranche with a debt rating of AA+ have a coupon rate of 3.50%, due in 1.8 years.

Additionally, the Hang Seng Indexes Company Limited announced on February 18, 2022, that XPeng Inc. (HKEX: 9868) will be included in the Hang Seng TECH Index as a constituent stock, effective March 7, 2022. Earlier in February, XPeng’s Ordinary Shares traded on The Stock Exchange of Hong Kong Limited were included in the Shenzhen and Shanghai-Hong Kong Stock Connect programs, enabling qualified Chinese Mainland investors to have direct access to its shares through the respective stock exchanges in the Mainland.

About XPeng Inc.

XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to explore and drive Smart EV transformation with technology and data, shaping the mobility experience of the future. In order to optimize its customers’ mobility experience, XPeng develops in-house its full-stack autonomous driving technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. XPeng is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The Company’s Smart EVs are manufactured at its plant in Zhaoqing, Guangdong province. For more information, please visit https://en.xiaopeng.com.

Contacts

For Investor Enquiries:

IR Department

XPeng Inc.

Email: ir@xiaopeng.com

Jenny Cai

The Piacente Group

Tel: +1 212 481 2050 / +86 10 6508 0677

Email: xpeng@tpg-ir.com

For Media Enquiries:

Marie Cheung

XPeng Inc.

Tel: +852 9750 5170 / +86 1550 7577 546

Email: mariecheung@xiaopeng.com

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