Tunnel Corporation: Infrastructure public offering REITs received approval from the China Securities Regulatory Commission for registration.
Tunnel Corporation announced that it plans to participate in the declaration and issuance of Infrastructure Public REITs with the Qianjiang Tunnel Project as the underlying asset. Recently, the Shanghai Stock Exchange has no objection to the listing of the fund and the transfer of asset-backed securities. On March 16, 2026, Dongfang Fund Management received the approval of the China Securities Regulatory Commission to register, allowing for a total of 1 billion shares to be raised, with a fund contract period of 15 years. Dongfang Fund Management is required to carry out fundraising activities within 6 months, with a fundraising period not exceeding 3 months. The issuance will help revitalize and increase the value of the company's assets, and the company will proceed with related work and disclose information in a timely manner.
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