The first batch of publicly offered REITs welcomes the lifting of restricted shares.

On the evening of June 14, Ping An Guangzhou Guanghe REIT announced that 140 million restricted shares, accounting for 20% of the total fund shares, will be released on June 22. These shares are restricted shares that were strategically allocated to original equity holders and their affiliated parties and have completed a 60-month lock-up period. After the restriction is lifted, all fund shares can be directly traded on the secondary market. The holder of the released restricted shares is Guangzhou Expressway Corporation. Based on their confidence in the future development prospects of the fund and real estate projects, as well as their recognition of the long-term investment value, Guangzhou Expressway Corporation will continue to hold the released restricted fund shares and have no plans to sell them at the moment in order to support the continuous, stable, and healthy development of the fund.