China’s inaugural central state-owned enterprise (SOE) warehousing and logistics infrastructure Real Estate Investment Trust (REIT), the BOC Sinotrans Warehousing & Logistics Closed-End Infrastructure Securities Investment Fund (Fund Abbreviation: BOC Sinotrans Warehousing & Logistics REIT; Fund Code: 508090), made its debut on the Shanghai Stock Exchange (SSE). Despite a 16.16% issuance premium, the REIT opened at CNY 4.00 per share on its first trading day, surging approximately 22% at market open.

The listing ceremony was attended by Feng Boming, Executive Vice President of China Merchants Group, and Yang Jun, Member of the Party Committee of Bank of China, who jointly struck the gong to mark the milestone.

Feng Boming stated that the successful listing of BOC Sinotrans Warehousing & Logistics REIT - being CMG's first REIT on the SSE, its fifth publicly offered REIT, and the first delivered project since CMG's strategic cooperation agreement with SSE - demonstrates capital market recognition of CMG's brand value and Sinotrans' underlying asset quality. Leveraging this REIT platform, Sinotrans will further optimize asset utilization, expand investment in key logistics hubs, enhance network coverage, strengthen supply chain resilience, and support China's "dual-circulation" development strategy.