公募基础设施REITs周报 2025/7/12 2 二级市场价量表现 二级市场估值情况 市场相关性统计 一级市场跟踪 3 4 REITs & & REITs REITs 数据来源： Wind，国金证券研究所 | 基金代码 行业类型 | 基金简称 | | 上市日期 | 发行价(元) | " the M callet | | 200 100 26 | 11 11 24 25 000 | Alabor V | of the 11 to 60 year | 本周换于率 | 上周挨手率 | 本周回报 | | 上周回报 今年以来回报 | 本周收盘价走势 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | (亿份) | | | | | 15 | 日报 | | | (亿份) | (亿份) | | | | | | | | 180101 SZ 508027 SH | 博时竞口产国REU 东吴示园产业REIT | 区四六九 产业园区 | 2021/6/21 2021/6 ...

山东新能泰山发电股份有限公司 SHANDONG XINNENG TAISHAN POWER GENERATION CO., LTD. 章 程 二〇二五年七月 第一章 总则 第一条 为维护山东新能泰山发电股份有限公司（以下简称公司）、股东、职工和债权 人的合法权益，规范公司的组织和行为，根据《中华人民共和国公司法》（以下简称《公司 法》）、 《中华人民共和国证券法》 （以下简称《证券法》）和其他有关规定，制定本章程。 第二条 公司根据《中国共产党章程》《中华人民共和国公司法》的规定，设立中国共 产党的组织，建立党的工作机构，配备足够数量的党务工作人员，保障党组织的工作经费。 公司党委发挥领导作用，把方向、管大局、保落实，依照规定讨论和决定企业重大事项。 第三条 公司系依照《公司法》和其他有关规定成立的股份有限公司。 公司于 1993 年 3 月 18 日经山东省泰安市体改委泰经改发（1993）第 015 号文件批准， 由山东电缆电器集团总公司和中国成套设备进出口（集团）总公司共同发起，以募集方式设 立，于 1994 年 3 月在泰安市工商行政管理局注册登记；1996 年 12 月 31 日，依照《公司法》 的规 ...

近日，广州市人民政府与京东集团签署深化战略合作框架协议，双方将实现强强联合、优势互补，探索 政企协同发展新路径。此次京东（花都）智能产业园的落成及盛大开园正是深入贯彻落实广州市与京东 集团战略合作协议精神的表现之一。 7月9日，京东（花都）智能产业园在广州市花都区开园。 京东（花都）智能产业园位于花都区花山镇，距离广州北站仅20公里、白云机场10公里，珠三角环线高 速路口1公里，高铁、航空、高速交通优势明显。 园区共计100亩，其中一期占地75亩，总建筑面积约13万平方米，打造集研发办公、科技孵化、智能制 造的产业发展综合体，产业方向为声光电、汽车零部件及生命健康。 花都区相关负责人在致辞中指出，京东集团已正式成为广州市"城市合伙人"计划的首批"战略合作伙 伴"，同时也是广州花都经济技术开发区全球招商合伙人。京东（花都）智能产业园的正式开园，将花 都区与京东集团的合作又推上了一个新的台阶，诚邀更多企业与京东携手，共享机遇、共赢未来。花都 区将秉持"成就企业家、厚待投资者、服务纳税人"的理念，为企业营造最优质的环境，提供最便捷的服 务，携手同行、互利共赢，共同谱写更为灿烂辉煌的发展篇章。 在开园仪式现场，园区与 ...

近日，福建省自然资源厅公布全省第三批低效用地再开发典型案例，凤山石材退出改造置换入市项目案 例（国有建设用地与集体建设用地置换）、晋江市恒欣云谷新材料智造产业园改造案例(统筹"边角 地"开发建设）、晋江绿色高端面料整理微工业园改造项目案例（陆海统筹盘活低效工业用地）等3个案 例入选。 凤山石材退出改造置换入市项目位于磁灶镇大埔村、瑶琼村交界处，用地面积约137亩。现状大多是破 旧的石材、陶瓷厂房，产业技术相对落后，部分设施用于租赁。项目范围原有土地的规划及权属较为复 杂，涉及国有、集体土地权属性质的宗地相互交错分布，导致项目无法进行整体规划设计。按原有政 策，国有土地和集体土地难以并宗开发。在连片低效工业用地改造项目建设用地置换政策的推动下，该 项目将用地范围内的2宗国有建设用地与周边1宗等面积的集体建设用地进行置换，置换后再对整个137 亩的地块整体打包入市。该项目于今年2月挂牌成交，成为全省首宗国有建设用地与集体建设用地置换 的受益案例，解决了国有土地与集体土地交错分布、无法整合开发问题，进一步提高土地利用效率。 晋江市恒欣云谷新材料智造产业园项目位于安海镇仁寿村、下洪村交界处，临近南安市官桥镇、水头 镇 ...

Group 1 - The rental decline in Beijing's office market continues to narrow, with a vacancy rate decreasing by 1.4 percentage points to 16.9% compared to the end of 2024 [1] - There was no new supply in the second quarter of 2025, maintaining the total stock of Grade A office space at 13.68 million square meters, with a quarterly net absorption of 39,677 square meters across the city [1] - The overall net absorption for the first half of the year reached 194,000 square meters, a year-on-year increase of 2.5%, while the five core business districts saw a net absorption of 111,000 square meters, up 9.0% [1] Group 2 - The demand for leasing from technology, internet, and consumer sectors remains active, with renewal leases accounting for 29.2% of total leasing transactions in the second quarter [3] - The TMT sector, driven by AI and telecommunications companies, accounted for 55% of new leases and relocations, while the professional services sector, boosted by law firms, increased its share to 13.1% [3] - Retail leasing demand, supported by consumption stimulus policies, represented 8.5% of total leasing activity, ranking fourth [3] Group 3 - The forecast for the second half of the year indicates no new supply in Beijing's Grade A office market, which may lead to further reductions in vacancy rates [4] - The market is currently in a stabilization phase, with rental concessions nearing their limit, and rents are expected to stabilize by the end of 2025 [4] - The industrial park market is experiencing a transitional phase, particularly in the biopharmaceutical sector, leading to increased supply-demand imbalances and downward pressure on rents [4]

Group 1 - The event "How State-owned Assets Innovate Park Operations - Pain Points and Solutions" was held, focusing on the challenges faced by cultural industry parks [1][2] - Over 20 representatives from park operators, asset holders, and industry think tanks participated, discussing three core pain points: institutional constraints, market capability building, and resource integration efficiency [2] - The discussion highlighted the need for collaboration within the industry to address challenges such as insufficient policy adaptability and increasing pressure on traditional profit models [6] Group 2 - The Vice President of Beijing Cultural Industry Park Association, Zhen Jun, emphasized the industry's shift towards "service transformation and capital innovation," calling for solutions in policy adaptation, talent cultivation, and funding channels [4] - The current rental market is under pressure, with rental prices generally below cost, creating a conflict between rigid land acquisition costs and flexible rental market conditions [6] - The event also featured insights on cross-regional development strategies, advocating for innovative cooperation models with state-owned capital to balance long-term investment returns and regulatory requirements [7]

Core Insights - The article discusses the recent developments in industrial park policies, focusing on the need for high-quality growth and strict control of new industrial park increments [3][5][6] - It highlights the ongoing challenges in the industrial sector, including a slowdown in industrial value-added growth and continuous negative growth in the Producer Price Index (PPI) [11][14] Policy Developments - Six policy dynamics were recorded during the reporting period, primarily aimed at promoting high-quality development of industrial parks and controlling their increments [3][5] - A notable policy from Jinan, Shandong, emphasizes strict control over the increment of industrial standard factory projects, marking a shift towards more direct measures in response to national guidelines [6][7] - The policy aims to optimize existing industrial space and restrict new industrial standard factory area indicators, except for key projects [6][8] Economic Indicators - The industrial value-added growth rate for May 2025 was reported at 5.8% year-on-year, with a month-on-month increase of 0.61% [3][11] - The Consumer Price Index (CPI) showed a month-on-month decrease of 0.2% and a year-on-year decrease of 0.1% in May 2025, while the core CPI rose by 0.6% [13][14] - The PPI has recorded negative growth for 32 consecutive months, indicating ongoing deflationary pressures in the industrial sector [14] Industry Trends - The article notes a shift in the招商模式 (investment attraction model) from "tax-based" to "talent-based," driven by the demand for high-end talent due to industrial upgrades [20] - The establishment of the Pasini Embodied Intelligence Super Data Factory aims to enhance the supply of high-quality training data for the embodied intelligence industry, addressing a critical bottleneck in the sector [18][19] - The report mentions the approval of several REITs focused on data centers, which are expected to improve financing channels for private technology enterprises [21][22] Investment Events - The report recorded 10 investment events, primarily in smart manufacturing and data center sectors, indicating a growing interest in these areas [18] - A significant investment event in Guangzhou resulted in the signing of 20 industrial projects worth over 15.4 billion yuan, focusing on digital economy and smart city initiatives [20]

云耀时代总部产业园由市交投集团下属城市土地公司和建发房产公司联手打造，位于西站枢纽东南 角，建筑面积约6万平方米，定位为"枢纽型生态总部产业园"。项目规划包含两栋现代化塔楼及多栋独 栋商务办公空间，建筑外观上呈现错落有致的形态，内部空间灵活多样，能满足不同企业的办公需求。 6月30日，云耀时代总部产业园在杭州云城核心区正式破土动工。该项目毗邻杭州西站，建成后将 为云城发展注入强劲动力。 "比如塔楼标准层面积在1600平方米左右，适合打造企业总部基地；独栋商务楼的面积则更灵活， 单层800平方米，通过组合最大可达7000平方米，能满足不同发展阶段企业的空间需求。"市交投集团城 市土地公司副总经理李亚伦说。 交通便利和生态办公是云耀时代总部产业园的两大核心竞争力。产业园紧邻杭州西站，可通过高铁 枢纽快速通达25个省级行政区、146个地级市，方便商务往来。同时产业园与地铁3号线、19号线无缝对 接，畅达杭州全城。 栽下梧桐树，引来金凤凰。项目开工当天，中建五局、中建四局率先签约，将入驻云耀时代总部产 业园。"招商工作已经全面启动。"李亚伦介绍，锚定交通、生态环境等优势，将重点招引央企、国企总 部，同时着力引入新能源 ...

作为广州市重点项目，坐落在荔湾区的广州国际智能科技园以构建"生产、生活、生态"融合的科技主题创新园区为目标，大力推进制造业、服务业"两业 融合"。园区集聚了超250家总部型和技术型都市工业企业，覆盖工业设计、智能装备等前沿领域，为区域及大湾区产业升级发展提供重要支撑。其中，山 姆会员商店定于2025年底在园区正式开业，有力推动形成"先进制造+高端商业"协同发展新格局。 会上，由工控产业园集团牵头打造的广州市产业园区智慧生态服务体系发布，该体系将通过智慧化、生态化服务，实现政府及园区引商育商、安商稳商、 以商招商的全生命周期服务，为广州产业链集聚提供全方位支持。 活动现场，广州市产业园区智慧生态服务体系首批签约合作伙伴亮相，工商银行股份有限公司等12家优质金融及专业服务机构将与工控产业园集团携手， 为园区入驻企业提供定制化园区贷、企业股权融资、产业链协同等赋能服务，构建园区产业发展新优势。 6月26日-27日，第十一届广州国际投资年会在广州举办。由市投发委办、市国资委主办，广州工控集团旗下工控产业园集团承办的产业发展空间推介活动 作为投资年会系列活动同步举行，展示广州11区及6家市属国企带来的产业空间前沿动态， ...

新华财经上海6月26日电（记者杨溢仁）公众投资者的有效认购基金份额数量为647.43亿份，是公众发售初始基金份额数量的1798.42倍；发售募集规模 2368.23亿元，是首发募集规模10.88亿元的217.67倍，网下、公众发售倍数均创历史新高…… 26日鸣钟上市的中金亦庄产业园封闭式基础设施证券投资基金（以下简称"中金亦庄产业园REIT",基金代码：508080）有何魅力？在C-REITs产业园板块内部 表现分化的大背景下，该项目缘何备受追捧？底层资产成色几何？ 产业园REITs再迎新"玩家" 中金亦庄产业园REIT首次发行拟投资的基础设施资产为位于北京经济技术开发区融兴北一街11号院的高端汽车及新能源汽车关键零配件产业园N12-1地块建 设项目（简称"N12项目"）及位于北京经济技术开发区融兴北一街4号院的高端汽车及新能源汽车关键零配件产业园N20-1地块建设项目（简称"N20项 目"）。 可以看到，在发售阶段，中金亦庄产业园REIT的公众投资者有效认购基金份额数量达647.43亿份，为公众发售初始基金份额数量的1798.42倍；发售募集规 模达2368.23亿元（含战略配售、网下发售和公众发售），是其 ...