Everbright Jiabao: The fund under management plans to declare public REITs with two projects as underlying assets.

Guangda Jiabao announced that the company, through the investment funds Shanghai Guangling and Anshi Jinrui in which it participates, plans to declare commercial real estate public offering REITs with Jing'an Darong City and Jiangmen Darong City projects as underlying assets. On January 29, 2026, the company's board of directors has passed the relevant resolutions. Jing'an Darong City has a total construction area of approximately 189,000 square meters, while Jiangmen Darong City has approximately 120,000 square meters, both of which are commercial retail formats. In terms of product elements, the original equity investors are expected to subscribe for no less than 20%, with a profit distribution ratio of over 90%. This transaction does not currently constitute a related party transaction or a significant asset restructuring, and still requires regulatory approval, with uncertainty.