Grants11月18th, Shanghai Industrial Holdings(00363.HK) announced that on November 18, 2024, shanghai Ind H (an indirectly wholly-owned subsidiary of the Company) and Ping An Fund entered into a global strategy investor placement agreement. Accordingly, shanghai Ind H (as a global strategy investor) agrees to subscribe for and obtain a portion of the placement quota according to the 认购款. Shanghai Tiyun will subscribe for 15.8284% of the placement shares, equivalent to 158,284,000 fund units.

By subscribing to REIT units, due to the increased liquidity and marketization of the relevant assets under the REIT, it will help the group to obtain capital gains by selling fund units through the securities market, and/or receive cash distributions for cash returns, thereby improving its investment return in the future.