The core competitiveness of public offering REITs is inseparable from the high quality value of the underlying assets. The basic assets of CCCC Real Estate Investment Trust Fund are Jiayu-Tongcheng section of Hubei Wushen Expressway. Wushen Expressway is a traffic corridor connecting the central and southern regions of China, with a large population, developed economy and strong demand for road network. It serves the "Central Development Strategy" put forward in the Tenth Five-Year Plan, and is of great significance to promoting economic integration and coordinated economic and social development along the Wuhan metropolitan area. Among them, the north-south passage where Jiatong Expressway is located is very important, but the passage is relatively narrow. In the D-shaped area, Wushen Expressway has comparative advantages over Beijing-Hong Kong-Macao Expressway in terms of travel distance, travel time, comprehensive travel cost and travel experience, which will drive the traffic volume and operational efficiency of the project to continuously improve. According to public data, after the epidemic in 2020, the traffic volume of Jiatong Expressway recovered rapidly. The toll revenue in 20021year increased by 7.30% compared with that in 20 19, and the future growth potential is good. In addition, the traffic of high-speed trucks in Tong Jia accounts for about 50%, and the toll revenue of trucks accounts for more than 79% of the total toll revenue, which not only impacts the holiday free policy, but also brings high operating income. During the operation, CCCC REIT can distribute more than 90% of the annual distributable amount of the combined fund to investors in cash according to the operation of the expressway.