China Resources SZITIC Trust Co., Ltd. published the 85th monthly report for the "Hejia 2019-1 Residential Mortgage-Backed Securitisation Trust" on July 13, 2026, covering the collection period from May 31 to June 30, 2026.
As of the end of the reporting period, the asset pool comprised 9,458 mortgage loans with a total outstanding principal balance of approximately RMB1.574 billion. Normal loans accounted for 9,356 loans, or about RMB1.557 billion, representing 98.88% of the pool. Loans delinquent over 180 days numbered 59, with a balance of around RMB11 million, or 0.70%.
The cumulative default rate for the period reached 0.341%, up from 0.333% in the previous period, while the severe delinquency rate dropped markedly to 0.058% from 0.144%. Three new defaulted loans were added, amounting to approximately RMB786,000; no loans were restructured, extended, or classified as losses.
Regarding note payments, Senior A1, A2, and A3 notes had been fully redeemed earlier. The remaining Senior A4 notes ended the period with a balance of RMB399,180,050.00 after a principal repayment of RMB38,579,425.00 and an interest payment of RMB1,788,217.47, at a coupon rate of 4.97%. The subordinated notes balance remained unchanged at RMB987,489,634.47.
On the cash inflow side, principal collections totalled about RMB36.428 million and interest collections about RMB4.259 million. Including other income of RMB34,800 and the carry-over from the previous period, total inflows reached roughly RMB36.429 million. Outflows included taxes, service fees, and note principal and interest payments, leaving a carry-over to the next period of RMB1,292.87.
No events such as accelerated amortization, default, perfection events, asset repurchase, clean-up call, or material adverse effects occurred during the reporting period. The trustee affirmed that it managed the trust property with due diligence and all relevant service reports had been received on schedule.