Hongchuan Intelligence: Application for Issuance of Infrastructure Public REITs

People’s Financial News, March 16 — On March 16, Hongchuan Wisdom (002930) announced that the company plans to use some of its subsidiaries’ warehousing and logistics infrastructure projects as the target assets to apply for the issuance of a publicly raised infrastructure real estate investment trust (REITs), called “Infrastructure Public REITs.” By efficiently revitalizing existing assets and expanding financing channels, the company aims to further enhance its sustainable development momentum. Hongchuan Wisdom stated that this application for the issuance of Infrastructure Public REITs will help the company unlock the value of its existing assets and promote the quality and efficiency of asset management.

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