The Shenzhen Stock Exchange released the "Shenzhen Stock Exchange Publicly Raised Infrastructure Securities Investment Fund Business Guideline No. 1 - Review Focus Issues (Trial) (2024 Revision)." The "REITs Review Focus Issues Guideline" summarizes practical experience, emphasizes a focus on "Asset Management," and strives to establish review standards that conform to the characteristics of REITs. First, on the asset side, the initial issuance scale and project revenue requirements are clearly defined, categorizing projects into two types based on rental income and fee income, strengthening the disclosure of Operation and financial information. At the same time, it optimizes the special focus on industrial parks, toll roads, and rental housing projects, while new special focus issues are added for warehousing Logistics and Consumer infrastructure projects, requiring assessment institutions to reasonably set evaluation parameters based on a full consideration of the market environment and asset characteristics, and to solidify the management's responsibility for verifying the rationality of evaluation methods and parameter selection.