Bond Name: 26 Joy 06
Bond Name: 26 Joy 05
Bond Name: 26 Joy 03
Bond Name: 26 Joy 01
Bond Name: 25 Joy 04
Bond Name: 25 Joy 03
Bond Name: 23 Joy 01
Bond Name: 22 Joy 02
Bond Name: 22 Joy 01
Bond Code: 520023.SZ
Bond Code: 520022.SZ
Bond Code: 134863.SZ
Bond Code: 134772.SZ
Bond Code: 134377.SZ
Bond Code: 134376.SZ
Bond Code: 148174.SZ
Bond Code: 148141.SZ
Bond Code: 148102.SZ
CITIC Securities Co., Ltd.
Report on the Proposed Transfer of Assets and Commercial Real Estate REITs Application by Joy City Property Co., Ltd.
Issuer
Joy City Property
GRANDJOY
COFCO
Shenzhen City, Bao'an District, Xin'an Street, Block 3, Longjing 2nd Road, COFCO Property Group Center, 1st Floor, Room 101
Trustee Manager
CITIC Securities Company Limited
Guangdong Province, Shenzhen City, Futian District, Central 3rd Road, Excellence Times Plaza (Phase II), North Block
Date of Signing: July 2026
Statement
This report is prepared in accordance with the "Administrative Measures for the Issuance and Trading of Corporate Bonds," the "Shenzhen Stock Exchange Corporate Bond Listing Rules," the "Trustee Management Agreement for the Public Offering of Corporate Bonds to Professional Investors by Joy City Property Co., Ltd. in 2022," the "Rules of the Bondholder Meeting for the Public Offering of Corporate Bonds to Professional Investors by Joy City Property Co., Ltd. in 2022," the "Trustee Management Agreement for the Non-public Offering of Corporate Bonds to Professional Investors by Joy City Property Co., Ltd. in 2025 (Second Tranche)," the "Rules of the Bondholder Meeting for the Non-public Offering of Corporate Bonds to Professional Investors by Joy City Property Co., Ltd. in 2025 (Second Tranche)," and other relevant public information disclosure documents, as well as announcements and explanatory documents issued by Joy City Property Co., Ltd. (hereinafter referred to as "Joy City Property" or "the Issuer"). This report is compiled by CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities"), the trustee manager for the corporate bonds issued by Joy City Property Co., Ltd.
This report does not constitute a recommendation for investors to take or not take any action. Investors should make independent judgments on relevant matters and should not use any content in this report as a commitment or statement made by CITIC Securities.
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