国金基金管理有限公司关于决定国金铁建重庆渝遂高速公路封闭式基础设施证券投资基金拟扩募并实施基础设施项目扩能改造的公告

Core Viewpoint - The Guojin China Railway High-Speed REIT is planning to apply for an expansion and implement infrastructure project upgrades, pending approval from regulatory bodies [1][2][50]. Group 1: Fund Information - The fund primarily invests in infrastructure asset-backed securities and holds all shares, acquiring complete ownership of infrastructure projects through special purpose vehicles [3][32]. - As of December 31, 2024, the fund's audited net asset value per share is 7.8723 yuan, with total shares amounting to 500 million and total assets of approximately 4.46 billion yuan [5]. Group 2: Expansion and Upgrade Details - The fund intends to raise funds through expansion to subscribe to the second phase of asset-backed special plans, ultimately investing in infrastructure project upgrades [6][42]. - The upgrade will involve expanding the Chongqing section of the Yusui Expressway from four lanes to eight lanes and constructing a six-lane section from Xindianzhi to Hongyan Hub [9]. Group 3: Approval Process - The expansion and upgrade require approval from the China Securities Regulatory Commission and the Shanghai Stock Exchange, as well as a resolution from the fund's shareholders meeting [2][50]. - The fund management will issue expanded shares and apply for listing on the Shanghai Stock Exchange after obtaining necessary approvals [2][50]. Group 4: Financial Implications - The funds raised from the expansion will be used entirely for subscribing to the second phase of asset-backed securities, which will support the infrastructure project upgrades [36][42]. - The completion of the upgrades is expected to provide additional distributable income sources for the fund, enhancing its financial stability [46]. Group 5: Governance and Management - The fund's governance structure will remain unchanged post-expansion, and the original rights holder, Tiedian Chongtou, will continue to manage the infrastructure projects [48][46]. - The fund management commits to ongoing information disclosure regarding the transaction's progress and any significant changes [29].