Sou Hu Cai Jing·2026-01-01 01:23Group 1 - The core viewpoint of the news is the establishment of two funds, the Runying Jinshi Fund and the Runying Huaxia Fund, by CITIC Jinshi Fund Management Co., Ltd. and Huaxia Equity Investment Fund Management (Beijing) Co., Ltd. in collaboration with China Resources Land Holdings Co., Ltd., with a total fundraising scale of 3 billion RMB [2] - The funds are categorized as Pre-REITs strategy funds, focusing on investing in high-quality shopping center assets that are either operational or under construction under China Resources Land, with an emphasis on exiting through public REITs [3] - The project is supported by Zhonglun as the legal advisor, providing comprehensive legal services throughout the fund establishment and investment process, with a dedicated project team led by partners Wei Yidong, Liu Hongjiao, and Xue Yi [3][5] Group 2 - The collaboration aims to create a successful model of "private equity funds + leading industry players," contributing to the development of a multi-tiered REITs market in China [3] - The fund's investment strategy reflects a growing trend in the real estate sector towards innovative financing solutions and asset management approaches [3]