Huatai Suzhou Hengtai Leasing Housing REIT listed on the Shanghai Stock Exchange.

On May 21st, Huatai Suzhou Hengtai Leasing Housing REIT was listed on the Shanghai Stock Exchange. The fund has 500 million shares with a sale price of 2.734 yuan per share, raising a total of 1.367 billion yuan. The original equity owner of Huatai Suzhou Hengtai Leasing Housing REIT is Suzhou Industrial Park Public Rental Housing Management Co., Ltd., and the fund manager and special plan manager is Huatai Securities Asset Management Co., Ltd. The underlying asset is the Jingying Apartment project located at 1 Qi Yue Street in Suzhou Industrial Park, Jiangsu Province, with a total construction area of approximately 275,600 square meters. The project's business income for 2022-2024 is expected to be 66.5949 million yuan, 70.6681 million yuan, and 74.471 million yuan respectively.