Xinhua News Agency, June 19, Xiamen Xiangyu announced that in order to broaden financing channels, the company intends to use the accounts receivable claims and subsidiary interests (if any) of upstream suppliers against the company and its subsidiaries as basic assets to initiate the establishment of a supply chain asset-backed commercial paper trust and to issue asset-backed commercial paper financing through the trust. The size of asset-backed commercial paper issued shall not exceed 5 billion yuan (inclusive). In addition, the company plans to increase capital to the company's holding subsidiary, Hong Kong Tuowei, with the company's wholly-owned subsidiary, Hainan Xiangyu International Business Co., Ltd., contributing HK $2.3 billion in currency.