Group 1 - Zeiss Group has launched the construction of its Greater China headquarters in the Pudong Waigaoqiao Free Trade Zone, marking its largest infrastructure investment in China in nearly 70 years, with a planned area exceeding 50,000 square meters [1] - Since entering the Chinese market in 1999, Zeiss has seen its revenue in China grow sixfold over the past decade, with tax contributions to Shanghai increasing fourfold, which underpins the decision for further investment [1] - The CEO of Zeiss, Dr. Karl Lamprecht, emphasized that despite current discussions about economic slowdown, the long-term strategic development trend of the Chinese market remains positive, highlighting the potential of a large pool of engineering graduates and a stable business environment [2] Group 2 - The new headquarters will integrate core functions such as management, operations, sales, R&D, production, and supply chain, and will feature the largest customer experience center and multiple advanced laboratories in the Greater China region [3] - The park aims to enhance operational efficiency and market responsiveness in China, better meeting local customer needs, while also connecting with Zeiss's overall innovation layout in the Yangtze River Delta and Guangdong-Hong Kong-Macau Greater Bay Area [3] - Zeiss plans to deepen collaboration with local research institutions and universities to promote industry integration and accelerate its incorporation into the local innovation ecosystem [3]

Core Viewpoint - The successful completion of the first LNG bunkering operation at Shanghai Waigaoqiao Port in 2026 marks a significant step towards promoting green shipping and achieving carbon reduction goals in the maritime industry [1] Group 1: LNG Bunkering Operation - The LNG bunkering vessel "Haigang Weilai" completed the bunkering of approximately 2,200 cubic meters of LNG for the Liberia-flagged "Huanghekou" ro-ro vessel [1] - This operation is expected to significantly reduce emissions of carbon dioxide and sulfur oxides compared to traditional oil-fueled vessels, contributing to the shipping industry's transition to low-carbon solutions [1] Group 2: Support and Management - The Waigaoqiao Border Inspection Station implemented a tailored service guarantee plan for the operation, enhancing communication with port areas, agents, and operational units [1] - Measures included expediting border inspection procedures for the "Huanghekou" vessel and issuing permits for the "Haigang Weilai," thereby reducing waiting times for berthing and operations [1] - Increased frequency of dock inspections and enhanced management of vessels during their stay at the port were also part of the operational support to ensure safe working conditions [1] Group 3: Future Developments - The Waigaoqiao Border Inspection Station plans to continue supporting green fuel bunkering operations at Shanghai Port, facilitating various energy bunkering activities and providing immigration management support for green shipping development [1]

Core Viewpoint - Shanghai Waigaoqiao Group Co., Ltd. is actively participating in the expansion of the Huazhong Waigaoqiao Warehousing and Logistics Closed-End Infrastructure Securities Investment Fund, aiming to enhance asset management efficiency and respond to national policies promoting infrastructure investment [4][13]. Group 1: Board Meeting Resolutions - The board meeting held on January 29, 2026, approved the revision of the working rules for the board's specialized committees, including the Audit Committee, Strategic and Development Committee, Nomination Committee, and Compensation and Assessment Committee [1][2]. - The board also approved the adjustment of committee members for the aforementioned specialized committees, with all votes in favor [2]. - A resolution was passed to change the name and functions of the Securities Legal Affairs Department, removing references to the Supervisory Board [3]. Group 2: Fund Expansion and Real Estate Projects - The company plans to participate in the expansion of the Huazhong Waigaoqiao Warehousing and Logistics REIT, which was successfully listed on December 25, 2024, to enhance asset operation management [4][5]. - The real estate projects involved include various warehouse and factory buildings with a total area of approximately 96,041.93 square meters for the W5-3 site and multiple factory buildings totaling 70,987.66 square meters for the F18 site [5][6]. - The company intends to transfer assets and liabilities related to these projects to newly established wholly-owned subsidiaries to facilitate participation in the fund expansion [7]. Group 3: Fund Management and Operations - The fund's expansion will involve the original equity holders subscribing to at least 20% of the new fund shares, with the management of the fund being handled by Huazhong Fund Management Co., Ltd. [8]. - The company will oversee the operational management of the real estate projects, with a subsidiary responsible for daily operations [10]. - The company will work with professional institutions to prepare formal application materials for regulatory approval of the fund expansion [11]. Group 4: Purpose and Significance of Fund Expansion - The participation in the fund expansion aligns with national policy directions and aims to promote capital innovation in the warehousing and logistics industry [13]. - This initiative is seen as a significant breakthrough for the Huazhong Waigaoqiao Warehousing and Logistics REIT, facilitating the revitalization of existing assets and supporting strategic transformation [13].

证券代码：600648，900912 证券简称：外高桥、外高 B 股 编号：临 2026-002 关于参与华安外高桥仓储物流封闭式基础设施 证券投资基金拟扩募并新购入不动产项目的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、项目实施背景 1、华安外高桥仓储物流封闭式基础设施证券投资基金（基金代码： 508048.SH）（以下简称"华安外高桥仓储物流REIT"或"本基金"）于2024年 12月25日成功上市。为积极响应国务院办公厅《关于进一步盘活存量资产扩大 有效投资的意见》、国家发展和改革委员会《关于全面推动基础设施领域不动 产投资信托基金（REITs）项目常态化发行的通知》、中国证券监督管理委员会 《关于进一步推进基础设施领域不动产投资信托基金（REITs）常态化发行相关 工作的通知》、上海市《关于上海加快打造具有国际竞争力的不动产投资信托 基金（REITs）发展新高地的实施意见》等政策的要求，充分利用创新型金融工 具盘活存量资产，增强公司资产运营管理效率，提升轻资产运营服务能级，加 快打造全生命周期的园区开发模 ...

证券代码：600648，900912 证券简称：外高桥、外高 B 股 编号：临 2026-001 一、审议通过《关于修订董事会专门委员会工作规则的议案》 同意对《董事会审计委员会工作规则》《董事会战略与发展委员会工作规则》《董 事会提名委员会工作规则》《董事会薪酬与考核委员会工作规则》四项专门委员会制 度进行统一适应性修订。 同意：11 票 反对：0 票 弃权：0 票 二、审议通过《关于调整第十一届董事会专门委员会委员的议案》 公司第十一届董事会专门委员会组成人选调整如下： 上海外高桥集团股份有限公司 第十一届董事会第十八次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 上海外高桥集团股份有限公司（以下简称"公司"）第十一届董事会第十八次会 议通知于 2026 年 1 月 21 日以电子邮件、书面材料等方式送达全体董事，于 2026 年 1 月 29 日上午在上海市浦东新区洲海路 999 号森兰国际大厦 B 幢 12 楼会议室以现场 结合通讯的方式召开。会议应到董事 11 人，实际出席 11 人。会议由公司董事长 ...

Core Insights - The article highlights the emergence of inter-institutional REITs in China, particularly focusing on the first industrial factory inter-institutional REIT launched by Waigaoqiao Group, which signifies a new financing model and a multi-layered REITs market structure [1][3][6] Group 1: Inter-Institutional REITs Overview - Inter-institutional REITs, also known as holding-type real estate ABS, are a crucial part of the multi-layered REITs market, emphasizing asset authenticity, expected stability, and effective mechanisms [1][2] - These REITs serve as a bridge between Pre-REITs and public REITs, designed with flexible systems to meet the core needs of both financiers and investors, offering advantages such as relaxed asset entry requirements and efficient issuance processes [2][3] Group 2: Market Growth and Statistics - By the end of 2025, the cumulative issuance scale of inter-institutional REITs reached 47.5 billion, with the number of products increasing to 22, marking a significant growth from 5 products in 2024 [3][6] - The year 2025 is noted as a pivotal year for the rapid growth of inter-institutional REITs, with a doubling of new issuances compared to the previous year, indicating a robust expansion in this segment of the market [3][6] Group 3: Policy and Regulatory Environment - The Chinese government continues to release policy incentives, including the inclusion of super-class A commercial office buildings in 22 mega cities in the 2025 REITs project industry scope [8] - Regulatory bodies have streamlined the approval process for commercial real estate REITs, significantly enhancing the efficiency of the review process, which supports the development of inter-institutional REITs [8] Group 4: Future Outlook - The inter-institutional REITs are expected to play a crucial role in the reform of state-owned enterprises and the preservation and appreciation of state assets, with Waigaoqiao Group's initiatives serving as a model for others [8][9] - Looking ahead to 2026, the REITs market in China is anticipated to undergo further expansion, with the inclusion of high-quality commercial properties into the REITs framework, aligning more closely with international capital markets [9]

Group 1 - The stock price of Waigaoqiao fell by 2.07% on January 7, trading at 10.39 yuan per share with a total market value of 14.129 billion yuan [1] - Year-to-date, Waigaoqiao's stock price has increased by 2.97%, with a 3.08% rise over the last five trading days, but a decline of 0.38% over the last 20 days and 6.23% over the last 60 days [2] - The company reported a revenue of 4.327 billion yuan for the first nine months of 2025, a year-on-year decrease of 13.15%, and a net profit attributable to shareholders of 165 million yuan, down 62.16% year-on-year [2] Group 2 - Waigaoqiao's main business segments include trade and services (55.54%), industrial property leasing (24.00%), and commercial property leasing (6.42%) [2] - The company has distributed a total of 4.693 billion yuan in dividends since its A-share listing, with 1.316 billion yuan distributed over the last three years [3] - As of September 30, 2025, the number of shareholders decreased by 4.41% to 48,500, with the average circulating shares per person remaining at zero [2][3]

Group 1 - The first batch of workers from support areas arrived in Shanghai, marking the official launch of the city's employment support initiative [1] - A large recruitment event titled "Hundred Enterprises Thousand Positions: Spring Warmth for Migrant Workers" was held, featuring 100 quality companies and offering over a thousand job positions [2] - The initiative aims to provide one-stop employment services, including job matching with companies like JD.com and Shanghai Waigaoqiao Shipbuilding Co., enhancing employment support between eastern and western regions [1][2] Group 2 - The event included live-streaming job promotions and policy consultation areas, facilitating a bridge between employers and job seekers [2] - The employment support program has been in place since 2021, with annual organization of labor from Nujiang Prefecture to Shanghai, providing comprehensive services for workers [1] - Agreements were signed between labor service brands and partners to promote collaboration in the labor market [1]

Meeting Details - The second extraordinary general meeting of shareholders was held on December 29, 2025, at the conference center of Senlan International Building, Shanghai [2] - The meeting was presided over by the chairman of the board, Mr. Cai Rong [3] Attendance - Out of 7 current directors, 3 attended the meeting, while 4 were absent due to work conflicts [4] - Out of 3 current supervisors, 1 attended, and 2 were absent for personal reasons [4] - The board secretary and some senior management personnel were present at the meeting [4] Resolutions - A resolution to cancel the supervisory board and amend the company's articles of association was passed [5] - The special resolution received approval from over 2/3 of the voting rights held by attending shareholders [6] Legal Verification - The meeting was witnessed by Shanghai Jintiancheng Law Firm, confirming that the procedures and results complied with relevant laws and regulations [7] Election of Employee Director - On December 29, 2025, the company held a representative assembly to elect Ms. Li Ping as the employee director of the 11th board of directors [9] - Ms. Li Ping's appointment is contingent upon the approval of the amended articles of association at the extraordinary general meeting [9] Profile of Employee Director - Ms. Li Ping, born in May 1967, holds a bachelor's degree in literature and has held various positions in public service and corporate governance [11] - She has no relationships with other directors, senior management, or major shareholders, and has not faced any penalties from regulatory authorities [12]

Group 1 - The company, Waigaoqiao, announced that it will hold its second extraordinary general meeting of shareholders on December 29, 2025 [2] - The agenda includes the proposal for the election of the 11th board of directors [2]