Stock Code: 002419 Stock Abbreviation: Tianhong Holdings Announcement No.: 2026-020
Tianhong Digital Commercial Co., Ltd. Announcement on Withdrawal of Public REITs Application
The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Tianhong Digital Commercial Co., Ltd. (hereinafter referred to as the "Company") at its 21st meeting of the Sixth Board of Directors and the 2023 Annual Shareholders' Meeting deliberated and approved the "Proposal on the Company's Application for Public REITs Issuance of Consumption Infrastructure and Related Party Transactions." It was agreed that the Company would apply to issue public REITs using Suzhou Xiangcheng Tianhong Shopping Center (hereinafter referred to as "Xiangcheng Tianhong"), held by its wholly-owned subsidiary Suzhou Tianhong Commercial Management Co., Ltd., as the underlying asset. The application materials for this public REITs were formally accepted by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") and the Shenzhen Stock Exchange (hereinafter referred to as the "SZSE") on July 28, 2025. For details, please refer to the announcements No. 2024-009 and 2025-035 published by the Company on the Juchao Information Network (http://www.cninfo.com.cn).
To effectively protect the interests of investors and further integrate project resources and optimize operational management, the Company's Seventh Board of Directors, at its fifth meeting, deliberated and approved the "Proposal on the Company's Withdrawal of Public REITs Application." It was agreed to withdraw the application materials for this public REITs. For details, please refer to the announcement No. 2026-017 published by the Company on the Juchao Information Network (http://www.cninfo.com.cn) on March 20, 2026.