On February 9, 2022, at 65438, the listing ceremony of Huaxia Fund China Resources Nested Rental Housing Closed Infrastructure Securities Investment Fund was held in Shenzhen. Wang Xiangming, Chairman of China Resources Group, and Xin Li, Chairman of the Board of Directors of China Resources Land, both sounded the golden gong of China Resources Nested REIT listing, and the first public offering of affordable rental housing operated by market-oriented institutions in the industry was officially listed.

The issuance and listing of China Resources Youchao REIT is an important measure to fully implement the "1246" state-owned capital investment company construction model of China Resources Group and strive to build an industry-leading urban investment and development operator. It is also a landmark achievement of China Resources Land to actively strengthen financial innovation, fully grasp asset management and continuously deepen the integration of industry and finance.

Enterprise prospect

As a new member of affordable rental housing REITs, the smooth issuance and listing of China Resources Youchao REITs is a concrete action to thoroughly implement the development idea of "people-centered" and an important supplement to support the country's sound social security system. Zhang Youjun, Chairman of CITIC Securities, said at the online listing ceremony of Youchao REIT that CITIC Securities and Huaxia Fund will rely on the management experience accumulated in the capital market and infrastructure, work diligently with China Resources Land and perform their duties as managers.

20 18 China resources land established the "nest" brand of long-term rental apartments to promote the construction and operation of rental housing with high quality. In the past five years, Youchao has settled in 15 city, with a total of 56,000 rented houses, helping to accelerate the construction of a new pattern of housing security.