Mezzanine Financing and←₹ Credit Investment
Mezzanine financing and Cre£≠εdit Investment concentrates on φthe investment opportunities in ABS investment, u§®<rban regeneration, ente↑§<♠rprise mezzanine, proj λδ>ect mezzanine, and troubled₩ assets.We dig investment vφ™≤<arieties with relatively high cost performance b'™πy flexible lever structure + underlying cash δflow restructuring technology.↑©≠Up to now,the accumulat±&£ed AUM of ALAN AMC mezzanββ§ine financing and credit investment business se∑δ✔ctor are nearly CNY 30.6 billion, in which the sc©π ale of ABS and ABS-lik™ ∑♥e investment is CNY 9•♣↔.3 billion.
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ABS assets selection logic
The core of ABS investm₩™ent logic is “high-quali₩↓¥♦ty issuers” + “enough asset safety cushion”
Logic 1: The issuanc×✘"✘e motivation of the issuers is reasonable a "nd maintenance motivation is strong
Logic 2: Bankruptcy isolationλ ≥$
Logic 3: Asset cash flow with high ≤predictability
Logic 4: It is necessary to accept safe✘Ω¥ ty cushion pressure testing
Logic 5: The trading structure is des★ πigned with a protection mechanism f¥or downward asset perform<∑ance
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ABS investment strategies：Earnings¥£+Volatility+Risks
Core strategy 1：Preferentially select assets σπ↓with principal cushion projects baπ ¶>sed on asset price stability andΩ↑ structure design of equity p'∞♥↕roperty
Auxiliary Strategy 2：Purchase stable assets from ♦™the secondary market with moderate∏ lever addition attribute and non-mispairin♦→∞g period
Auxiliary Strategy 3：Select partial liability a∏γssets with strong entity logic and products ♣•δdesigned with enough safety margin
Auxiliary Strategy 4：Locγα<πk the opportunity assets with p÷£∏σerformance beyond expectation in thπ ♥₹e encapsulation period, and deviate↔₩d product design and pricing
Auxiliary Strategy 5：Agilely lock opportπ¶♣unity assets with extra long enca♥ $€psulation period and high e≈εα→xcess spread right
Real Estate Investment€'γ
Real estate and infr♥πγastructure investment focusesΩ≥ on new energy PV, wind power∞♦, warehousing and logistic>∑→∑s, data center, commercial≥₹÷→ office real estate, and long-term rental ap& ≤©artments.Through selecting stabl'¶≠e and quality customers, we also ♠¶÷have the flexibility to design the transac≠ βtion structure to manage any pro"ααject risks rigorously to build a well-balanced÷® investing ecosystem in the real es☆≠tate system. Up to now,t< ←he accumulated AUM of AL>≤∏∏AN AMC’s business sector in rea< πl estate and infrastructure are about CNY 8.9₩®±$ Billion.
Core advantages in the reaα≥&l estate and infrastructure investment f♠π€ield:
█ The asset cash flow is stable, with anti-in€✘©λflation logic and of long-term÷β investment value
█ The liquidity premium of assets brought by i↔≥πncreasingly thick interests of domestic and σ≠overseas capital
█ The national policies greatly support the dev☆£§elopment of new energy field under the >•&₩trend of carbon neutra©$$lity
Investment Strategies
Real estate and infrastructure investmen>↑↕ts are centered around e©₩quity investment logic, based on identifying asse₽ €t value. Through collaboration with multiple pa♦≠✔rties to integrate industrial capabilities, the gφ☆oal is to achieve income froφ÷∑εm property development, renovatio≈♥↕n, and short-term holding, resulting in incεreased asset value. Multiple exit channels are €" λplanned to form a complete investmenπ"•♦t cycle.
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Commercial office
Focusing on commercial real esta®Ωte assets with improved space for reγΩ↕×nt in high-quality sections i≈&±≈n the first-tier and core secondary ββ∏cities, we launch to pu♦←§rchase and reconstruct real estate togethe<₩r with partners, and subordinat¥↔"✘ed business management teams to improδ<≤>ve property operating γ≥efficiency and realize higher≥∏ asset value
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Industrial real estate
Focusing on investment oppo±™rtunities in fields of ware&←σhousing logistics and data c∞→enter, we have established in-depth partners∞☆←φhip with strategic partners with perfect ≥<industrial operating capacity in relevant $Ωfields to realize return oγ✔π≈n development and operation by the investment moγ÷÷de of industrial fund launched jointly b&☆y multiple parties
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Infrastructure
Focusing on renewable energy projects under t↓÷he trend of carbon neutrality represe₹☆γ∑nted by wind power and PV↔✔♠, we cooperate with leading enterprisπ©₩ es in the industry to₹ © launch funds and participate in ≤↕$new energy investment. The"↔₹↓ assets cover distri♣'♠buted PV power stations and wind power. The×λ←γ return on investment is acquired through ™™stable cash flow performance an¶&'d asset appreciation
Equity Investment is committed to seeking out e ✔★₩xcellent start-up compπ•™anies with leading technological advantages׶©✔ in the fields of life and health, infoΩ εrmation technology, and advanced •σmanufacturing. Our focus is pr↓$€imarily on growth and mature staΩ'✔€ge project opportunities, withλ× investment forms covering minority e¥₹quity investment and controlling investment.Up t"™₽o now, the current AUM of ALAN PE is C'λ×NY 5.6 billion.
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ALAN PE mainly covers grow₩★ing and mature project opportunities b✔×€≈y minority equity investment &€and holding investment.
Investment Stage
ALAN PE mainly covers ¥σπgrowing and mature project opportunities by miΩ≥★↑nority equity investment and holding investment¶₩↓.
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ALAN PE is committed to✘φα identifying outstanding e"×™<ntrepreneurial companie §s with leading techn"ological advantages in the fields of life scien₹≈"ces, healthcare, infor ≤♥€mation technology and advanced manufacturing.
✔ Life health：Innovative apparatus、Medic★≠al beauty/skin care/cosγ±λσmetics 、Stomatology/Ophthalmolog₩λ¥™y/Orthopedics、Functional ↕β food、New medicine；
IT δγ♦£and advanced manufactu ↓ring：Automotive electronic♠∞σ™s、Industry digitization、Emerging consumer e♦↔♣αlectronics、Industrial chain§σγ restructuring
Industrial Preference
ALAN PE is committed to identifying outsta↕∞∑×nding entrepreneurial companieδ™s with leading technological advanta$∑¶ges in the fields of life÷ ≤♦ sciences, healthcare, informat &εion technology and advanced manuf®∏¶acturing.
Life health：Innovative apparatus、÷✔∞Medical beauty/skin care/cosmet÷♥ics 、Stomatology/Oph±<↑§thalmology/Orthopedics§£≈、Functional food、New m₹™edicine；
IT and advanced manufacturing：Automo&δ>¶tive electronics、Industry digitization、Emerging c ₽®onsumer electronics、Industrial chain re©§"&structuring
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Focus：
Top technology supporting+Track se§≈↓gmentation+Underlying demand tren™£↕'d
Target Selection:;
Core technology: Leβ∏ading in China, with p☆φφ≈otential in international competition
Team >πallocation: Founders with entrepreneurship &£>amp; technical experts whoβ have rich experience
Business mode:β₹ products can actually solve troubles of πσclients; keep an eye on “pseudo-innovatio≥∑n” and “to VC” mode
Market prospect: Distinct an'¥'d measurable demands, large market ¶space
Technical idea: Take a half step forward↕Ω; create demands by ε$÷supply
Investment Strategies
Focus：
Top technology supportin¥×≥™g+Track segmentation+Underlying demand t♦≈&rend
Target Selection:;
Core technology: Leading in China, with potα™ential in international competition×₽
Team allocation: Founders with entrepreneu∑≥αrship & technical experts who have ≤rich experience
Business mode: productσ∑s can actually solve troubles of clients;∞₩€∑ keep an eye on “pseudo-₽→innovation” and “to VC” mode
Market prospect: Distinct and measurable d→€∞emands, large market spaδ•✘✘ce
Technical idea: Take a half step↓≠ forward; create demands by•< supply
