2026.06.09
On June 9, 2026, the Caitong Asset Management - CSI Solar Hold-type Real Estate Asset-backed Special Plan (Carbon Neutrality) was officially listed on the Shanghai Stock Exchange. Caitong Securities Asset Management Company was the plan's manager and sole distributor and Suzhou Canadian Solar New Energy Development Company was the original equity holder. This is China's first inter-institutional REITs product to use an energy storage power station as the underlying asset.
The underlying asset of this project is an independent grid-side energy storage power station located in Jiuquan City, Gansu Province, with a planned installed capacity of 200MW/800MWh. The successful implementation of this project marks a milestone breakthrough in the REITs field for energy storage, establishing a complete cycle of 'energy storage investment - REITs exit - new project development'. It is an innovation in development models for energy storage companies, providing a replicable demonstration case for the industry to connect with capital markets and attract financial support.
JunHe was the legal advisor for the special plan and provided comprehensive and professional legal services for its establishment. We participated in the design of the transaction structure, undertook legal risk assessment, conducted legal due diligence on the underlying assets and issued legal opinions. We also assisted in the drafting, review and revision of the transaction documents.
The lead partners for this project were WANG, Yi and JIANG, Wenjun (Kelvin), with WAN, Shang as the main handler.
