China's ** newspaper reporter Fang Li Sun Xiaohui The layout of major ** companies in the public REITs business continues**. A few days ago, ABC Investment Bank and Agricultural Bank of China Hebei Branch went to Baoding to sign a strategic cooperation agreement with Hebei Shouheng Agricultural and Sideline Products *** Shouheng Group, and the two sides will cooperate in corporate banking, investment banking, infrastructure public REITs, etc. At the same time, Capital Investment Group signed the "Manager Cooperation Agreement" with ABC Investment Management**, and ABC Investment Management Co., Ltd. will act as the manager of Capital Balance's public REITS**. It can be said that the first REITs product of ABC Huili ** may be unveiled. ABC's first REITs may appearAccording to the official website of Shouheng Group, on November 24, 2023, the signing ceremony of strategic cooperation between Shouheng Group and Agricultural Bank of China was successfully held. This time, the Agricultural Bank of China Investment Bank and the Agricultural Bank of China Hebei Branch went to Baoding to sign a strategic cooperation agreement with Hebei Shouheng Agricultural and Sideline Products and Shouheng Group. At the event, Wei Shujian, President of Shouheng Group, and Yang Kun, Vice President of the Investment Banking Department of Agricultural Bank of China, signed the "Memorandum of Strategic Cooperation" on behalf of Shouheng Group and ABC Investment Bank. At the same time, Capital Investment Group signed the "Manager Cooperation Agreement" with ABC Credit & Investment Corporation**, and ABC Investment & Investment Co., Ltd. acted as the manager of Capital Balance's public REITs**. ABC Credit & Investment signed a Memorandum of Understanding (MOU) with Agricultural Bank of China Hebei Branch to provide supporting services for REITs. This is a new collaboration between the two parties in the area of public REITs. This also means that the first REITs product of ABC Huili** has also been unveiled. It is understood that Shouheng Group is also a state-level leading enterprise in agricultural industrialization and a benchmark enterprise in the field of fresh food circulation in China. Founded in 2010, after more than ten years of rapid development, it has now become a comprehensive service operator in the food circulation industry with diversified business parallel development. The business scope involves the construction and operation of agricultural and sideline products logistics parks, the purchase and sale of bulk agricultural products, international cross-border logistics, smart cold chain logistics, intensive processing of agricultural products, urban collection and distribution, innovative financial services and urban comprehensive supporting development. In the promotion of public REITs projects, Shouheng Group has also acted quickly. Some time earlier this year, Gaobeidian City held an on-site office meeting for the REITs project of Shouheng Group to listen to the development demands of enterprises, solve difficult problems on the spot, and actively serve Shouheng Group to apply for real estate investment trusts (REITs) in the field of consumer infrastructure. If this order lands, it may be the first order among the 4,600 agricultural wholesale markets in the country. The layout of major institutions is speeding up
As of December 1, 2023, there are currently 29 public REITs issued in Shanghai and Shenzhen, raising 9545.2 billion yuan, the project covers toll roads, industrial parks, sewage treatment, warehousing and logistics, clean energy, affordable rental housing, new energy and other asset types, plus the first batch of expanded public REITs net subscription amount of 506.4 billion yuan, and the total scale of public REITs in the whole market has exceeded 100 billion yuan. At present, there are still 10 products in the approval process, including E Fund Guangzhou Development Zone High-tech Industrial Park REITs and China Merchants ** China Merchants Highway Expressway REITs. Among them, China Merchants ** China Merchants Highway REIT, ICBC Credit Suisse Hebei Expressway Group Expressway REIT, and E Fund Guangzhou Development Zone High-tech Industrial Park REIT are all the first public appearances of China Merchants**, ICBC Credit Suisse**, and E Fund** in the field of public REITs. 
In addition, with the disclosure of project bidding or announcements of listed companies, a number of ** companies have also successively laid out public REITs. For example, the Anhui Provincial Bidding and Bidding Information Network previously announced that Changsheng **United Nations Taijunan** successfully won the bid for the Anhui Zhong'an Chuanggu Public REITs Project;STEC issued the "Announcement of Shanghai Tunnel Engineering Co., Ltd. on Launching the Application and Issuance of Infrastructure Public Offering REITs", which may become the first REITs product under Orient Securities Asset Management. It is worth mentioning that there have also been some announcements of listed companies recently to unveil the follow-up REITs products. In order to actively respond to the national policy and the call of Shanghai's "20 REITs" policy, deepen the reform of state-owned enterprises, practice financial innovation, and support the sustainable development of the company's business, Shanghai Waigaoqiao Group Co., Ltd. plans to use some projects owned by subsidiaries as basic assets to carry out the declaration and issuance of Huaan Waigaoqiao warehousing and logistics closed infrastructure investment. This will be another REITs product of Huaan**. 
China Nuclear Power also announced that its holding subsidiary, China Nuclear Hui Neng, will carry out the application and issuance of public REITs for new energy infrastructure.
Among them, the infrastructure projects to be included in this issuance include the Guangxi Fuchuan Concord Wind Power Project (including the Buchuan Concord Chaodong Wind Farm Project and the Buchuan Concord Shijia Wind Farm Project) held by the Fuchuan Concord Wind Power Generation in Fuchuan Yao Autonomous County, Guangxi Zhuang Autonomous Region, and the Wujiaqu New Energy Power Generation of China Machinery Guoneng located in the Beitashan Ranch of the Sixth Division of the Xinjiang Production and Construction Corps*** hereinafter referred to as Wujiaqu Company) held by Xinjiang Beitashan Wind Power Project (100MW Wind Power Project of Beitashan Ranch of the Sixth Division of China Machinery National Energy). The main products are: as the original equity holder, China Nuclear Huineng will use the Guangxi Fuchuan Concord Wind Power Project held by Fuchuan Concord Company, a wholly-owned subsidiary of China Nuclear Hui Energy, and the Xinjiang Beitashan Wind Power Project held by Wujiaqu Company, a wholly-owned subsidiary, as new energy infrastructure projects to carry out the pilot declaration of real estate investment trusts (REITs) in the infrastructure field. After the issuance of registration documents, the ** manager will set up infrastructure public REITs, CNNC Huineng will participate in the strategic placement of infrastructure public REITs in accordance with the requirements of laws, regulations and regulatory rules, and CNNC Huineng or its or its affiliates under the same control preliminarily plan to subscribe for 34%-42%** shares (specifically negotiated with the audit institution). In addition, Jiaze New Energy also recently issued an announcement, saying that the implementation of infrastructure real estate investment trusts (REITS) project declaration and issuance work. 
It is reported that the sponsor of the above-mentioned project is Jiaze New Energy, the original owner is Ningxia Jiaying New Energy Holdings, a subsidiary of the company, and the operation and management agency is Ningxia Jialong New Energy, a subsidiary of the company, and the operation and management agency is the company's subsidiary, Ningxia Jialong New Energy, and the manager is Guojin, and the asset backed manager is Guojin, and the new REITs products with financial advisors are Guojin, and the new REITs products of Guojin are also surfaced. In addition, according to the Zhuzhou Public Resources Trading Platform, the selection and procurement project of the intermediary agency of Zhuzhou Hi-Tech Group's infrastructure public offering REITs project of Zhuzhou Hi-Tech Group will end on November 13, 2023, and the winning candidates are as follows:
It is understood that the tenderer of the project is Zhuzhou Hi-Tech Group, and in September this year, Zhuzhou Hi-Tech Group's Zhuzhou Hi-Tech Group Infrastructure Public Offering REITs Project Intermediary Selection and Procurement Project was officially released. The project mainly provides services related to the public offering REITs project of Zhuzhou Hi-Tech Group for Hi-Tech Group. This is also the first infrastructure public offering REIT in Zhuzhou to start preparation.
Editor: Xiaomo Review: Muyu.