Taizhou Water Affairs (01542.HK) plans to issue a type of Real Estate Investment Trusts (REITs).

Intelligence Finance APP News, Taizhou Water Affairs (01542.HK) announced that the company plans to launch similar REITs on the Shenzhen Stock Exchange in June 2026 or a later date to be determined, aiming to invest in underlying assets and securitize them, as well as raise funds for the operation and development of the group's business. The proposed registration and issuance size shall not exceed RMB 3.2 billion. The Board of Directors happily announces that at the Board meeting held on June 10, 2026, the Board of Directors decided to convene a special meeting of shareholders to seek approval for subscription matters and the proposed issuance of similar REITs.