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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting financial innovation within the clean energy sector, Mirattery has launched the world's first REITs backed by electric vehicle battery assets. The issuance took place on the Shanghai Stock Exchange with an initial tranche of 337 million yuan, forming part of a broader securitization program with a total approved shelf quota of 5 billion yuan. This strategic initiative is designed to support the company's asset-light business model and diversify financing channels for its Battery-as-a-Service (BaaS) infrastructure.
This initiative comes as Mirattery's battery assets under management have surpassed 56 GWh, solidifying its role as a major operator in the EV ecosystem. Per market data, this expansion into green securitization products aims to improve capital efficiency for NIO and its partners by converting physical battery assets into tradable securities, thereby reducing the capital intensity on the parent company's balance sheet.
Regarding equity performance, NIO (9866.HK) stood at 37.50 HKD at the close of July 30, 2026. Traders are closely monitoring how these innovative financing tools will impact the company's cash position and long-term scalability, particularly as it continues to expand its battery-swapping infrastructure across Asian markets.