SHOUCHENG Holdings (00697) Invests In Huaxia CNNC Clean Energy REIT, Expanding Infrastructure Asset Portfolio

SHOUCHENG Holdings (00697) announced that its wholly-owned subsidiary, Shoucheng Jishi, recently participated in the investment of Huaxia CNNC Clean Energy Closed-end Infrastructure Securities Investment Fund (Huaxia CNNC Clean Energy REIT).

This investment further promotes the value revaluation and revitalization of high-quality clean energy infrastructure assets, holding significant implications for advancing the high-quality development of the clean energy sector and enhancing the green financial system.

The Huaxia CNNC Clean Energy REIT uses the Xinjiang Bobona Hydropower Station, a non-nuclear green energy asset under China National Nuclear Corporation, as its underlying asset; this project is currently the largest operational hydropower facility in terms of installed capacity and annual electricity generation in the Hotan region of Xinjiang.

The successful listing of the Huaxia CNNC Clean Energy REIT represents an innovative practice in implementing the national REITs strategic deployment and the policy direction of the "dual carbon" goals, creating a market-based mechanism model for social capital participation in green energy infrastructure development, which holds significant demonstrative importance for guiding long-term capital to support the real economy and promoting energy structure transformation.

Moving forward, the Group will resolutely continue to increase its investment layout in China's smart infrastructure asset sector; leveraging the synergistic effects of the entire industry chain and its first-mover advantage in the REITs field, it aims to achieve collaborative cooperation with industry leaders and build a full lifecycle management service ecosystem for China's smart infrastructure assets, thereby creating long-term value and sustainable returns for the company's shareholders.