Grandjoy Holdings Group (000031.SZ): Hua Xia Grandjoy Holdings Group Commercial REIT will be listed on the Shenzhen Stock Exchange starting September 20th.

Grandjoy Holdings Group (000031.SZ) announced that the Huaxia Grandjoy Holdings Group Shopping Center Closed-end Infrastructure Securities Investment Fund (referred to as "Huaxia Grandjoy Holdings Group Commercial REIT") was successfully sold on August 29, 2024, and will be listed on the Shenzhen Stock Exchange starting from September 20, 2024, with the trading code 180603. The fund will be referred to as Grandjoy Holdings Group, with the abbreviated name Huaxia Grandjoy Holdings Group Commercial REIT and English acronym GJOY REIT. Huaxia Grandjoy Holdings Group Commercial REIT finally raised a total of 1 billion fund units, with a sale price of 3.323 yuan per unit, and a total fundraising scale of 3.323 billion yuan. The sale of Huaxia Grandjoy Holdings Group Commercial REIT is divided into three parts: strategic allocation, offline sale, and public investor sale. The quantity of fund units for strategic allocation is 739.8 million, accounting for 73.98% of the total sale units, with the company's holding subsidiary (original equity holder) Zhuoyuan Real Estate (Chengdu) Co., Ltd. subscribing for 400 million units, accounting for 40% of the total sale units, and other strategic investors subscribing for 339.8 million units, accounting for 33.98% of the total sale units; offline investors subscribing for 182.14 million units, accounting for 18.214% of the total sale units; public investors subscribing for 78.06 million units, accounting for 7.806% of the total sale units.