Grandall 18th November zhejiang china light&textile industrial city group (600790.SH) announced, in order to further revitalize the existing stock of assets, achieve the capital operation cycle of "investment, financing, management, exit" for consumer infrastructure projects, promote the strategic transformation of the company's light asset operation model, the company plans to apply for pilot issuance of publicly raised real estate investment trusts in the infrastructure field for consumer infrastructure projects such as the Northern Union Market that it holds, with a scale of approximately 1-2 billion yuan. (The specific issuance targets and scale are subject to the actual issuance plan) As of now, the project is in the process of planning and scheme design, the specific plan still requires approval from the company's board of directors, shareholders' meeting, and relevant departments, and subsequent issuance also requires approval from the National and Local Development and Reform Commission, China Securities Regulatory Commission, and securities exchanges and other departments, which poses some uncertainty.