SHOUCHENG announced that a company under its wholly-owned subsidiary, Shoucheng Jishi, has recently participated in an investment in the AVIC Beijing Changping Rental Housing Closed-end Infrastructure Securities Investment Fund. This investment further revitalizes existing affordable housing assets and holds significant importance for promoting the development of a secured rental housing system and supporting the high-quality growth of China's rental housing market. Beijing Changping Affordable Housing Construction Investment Management Co., Ltd., the specialized entity responsible for the investment and operational management of affordable housing in Changping District, adheres to its corporate mission of "serving the people and fostering harmonious living." It has established a business structure where public rental housing, shared ownership housing, and secured rental housing develop synergistically. The AVIC Beijing Changping Rental Housing REIT is backed by underlying assets including the Yanlan Xinchen project, the Guorui Xiyuan project, and the Weilai Rongshang Homestead project, all located in Beijing's Changping District, demonstrating excellent asset quality and sustainable operational capacity. The successful listing of this REIT represents a significant practice in revitalizing regional affordable housing assets and improving the local housing security system. It also provides a new practical model for the standardized development of China's affordable housing REITs market. Moving forward, the group will resolutely continue to increase its investment footprint in China's intelligent infrastructure asset sector. Leveraging synergies across the entire industrial chain and its first-mover advantage in the REITs field, it aims to deepen the integration of finance and the real economy. The company will enhance collaboration with leading industrial players in areas such as smart manufacturing and embodied AI applications, accelerating its transformation into an intelligent infrastructure asset service provider to create long-term value and sustainable returns for shareholders.
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