Xin Hua Cai Jing·2025-11-10 12:22Core Viewpoint - The issuance of the CITIC Jiantou-Yuhang Guotou commercial property asset-backed special plan marks a significant milestone as the first REITs of its kind for both a county-level state-owned enterprise in Zhejiang Province and for a state-owned enterprise in Hangzhou, achieving a "from 0 to 1" breakthrough [1] Group 1: Project Details - The project was issued on the Shanghai Stock Exchange with a total scale of 213 million yuan [1] - The expected yield for the priority securities is 2.26%, with a term of approximately 18 years [1] - The project has attracted significant attention from a diverse range of investors, setting a new low for the coupon rate of commercial property REITs in Zhejiang Province [1] Group 2: Involved Entities - The credit enhancement institution for the project is the Hangzhou Yuhang State Capital Investment and Operation Group Co., Ltd. (referred to as "Yuhang Guotou Group") [1] - The underlying assets for the securities are mature commercial properties held by Yuhang Guotou Group [1]