I. Project Implementation Background
China Merchants Shekou Industrial Zone Holdings Co., Ltd. (hereinafter referred to as "the Company") is the initiator and original rights holder of the Bosera Shekou Industrial Park Closed-End Infrastructure Securities Investment Fund (hereinafter referred to as "the Infrastructure Fund," "the Fund," or "Bosera Shekou Industrial Park REIT," Fund Code: 180101.SZ), which was listed on the Shenzhen Stock Exchange on June 21, 2021, and completed its first expansion on June 16, 2023. To promote the Company's high-quality development, the Company plans to carry out the second expansion of the Bosera Shekou Industrial Park REIT and acquire new real estate projects (hereinafter referred to as "the Project"). The sixth meeting of the fourth board of directors held on April 29, 2026, approved the proposals regarding the second expansion and new real estate project acquisition with a vote of 9 in favor, 0 against, and 0 abstentions. These proposals are subject to shareholder meeting approval. This Project does not constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies."
II. Project Plan
(A) Real Estate Projects
The real estate projects refer to:
- The properties held by the Company's wholly-owned subsidiary, Shenzhen Zhaoming Property Leasing Co., Ltd. (hereinafter referred to as "Project Company (Guangming Phase II)"), located in the Guangming New District, Shenzhen, specifically the B1B2, B5, B6, B7, and B8 buildings of the China Merchants Guangming Science and Technology Park (hereinafter collectively referred to as "Guangming Project (Phase II Expansion)");
- The properties held by the Company's wholly-owned subsidiary, Shenzhen Nanyou (Group) Co., Ltd. (hereinafter referred to as "Nanyou Group"), located at Qianhai Yigang Center on Mawan Avenue, Nanshan District, Shenzhen, and the W6 and W7 warehouses and auxiliary buildings in the Qianhai Mawan area (hereinafter collectively referred to as "Nanyou Project," together with Guangming Project (Phase II Expansion) referred to as "Real Estate Projects"). Nanyou Group plans to restructure the Nanyou Project to the Company's wholly-owned subsidiary, Shenzhen Qianhai Yigang Park Operation Co., Ltd. (hereinafter referred to as "Project Company (Nanyou)," collectively referred to as "Project Companies" with Project Company (Guangming Phase II)).