Group 1 - The core viewpoint of the news is that Yuanxin Yongfeng Fund has made significant progress in its strategic layout of public REITs assets by successfully investing in the first batch of data center REITs projects in China, indicating a forward-looking approach in the innovative infrastructure REITs investment field [1][2] - The underlying asset of the Wangguo Data Center REIT is located in Kunshan, Jiangsu Province, with over 4,000 cabinets and a power design capacity of 29,044 kW, maintaining a 100% signing rate and over 92% billing rate in the past three years [1][2] - The underlying asset of the Runze Technology Data Center REIT is located in Langfang, Hebei Province, with 5,897 cabinets and a total IT power of 42,078 kW, achieving an average shelving rate of 99% [1][2] Group 2 - Data centers provide specialized space for clients' computer systems, including storage, power, cooling, security, and monitoring, and are essential for building, operating, and delivering applications and services [2] - The operation of data centers is highly dependent on the capabilities of professional management institutions and continuous technological iteration, especially when serving large internet and high-tech enterprises [2] - The introduction of public REITs is expected to facilitate innovative breakthroughs in the financing of capital-intensive "digital infrastructure" as the demand for computing power from AI models surges [2] Group 3 - Yuanxin Yongfeng Fund is applying its "macro-meso-micro" analysis framework from equity investment to REITs research, enhancing project selection accuracy through a multi-dimensional assessment of asset value [3] - The fund's REITs investments align with national strategies and public needs, focusing on high industry prosperity, core regional locations, and high-quality underlying assets [3]