Group 1 - The core point of the announcement is the significant decline in the operating performance of the infrastructure projects held by the fund, with a 20.63% year-on-year decrease in main business income for Q3 2025, totaling 20.77 million yuan [1][5] - The overall occupancy rate of the infrastructure assets as of September 30, 2025, was 74.78%, down 8.11% from the same period last year, although it showed a quarter-on-quarter increase of 2.92% [1][2] - The average rental price for the infrastructure projects was 57.43 yuan per square meter per month, reflecting a 7.25% decrease compared to the previous year [1][2] Group 2 - The decline in performance is attributed to increased competition in the regional market, with the average rental price in Wuhan's industrial parks at 46 yuan per square meter per month and an average vacancy rate of about 30% [2][3] - The introduction of new research and office buildings in the area has intensified competition, with several new properties coming online within a 2-kilometer radius of the fund's projects [2][3] - The project company has adopted flexible pricing strategies to cope with market changes, resulting in a total signed area of 15,908.33 square meters for lease agreements in Q3 2025 [3][4] Group 3 - The fund's operating income for Q3 2025 was only 67.41% of the projected income for the year as per the 2024 annual assessment report, due to tenant turnover and lower-than-expected absorption of vacant space [5][6] - Measures have been taken to protect investor interests, including enhancing leasing efforts and actively engaging with potential tenants [6][7] - The fund management is focusing on optimizing park operations and improving asset value through various strategies, including tailored space solutions for tenants and monitoring rental payment situations [6][7]

Core Points - The announcement details the third dividend distribution for the CICC Prologis Warehouse Logistics Closed-End Infrastructure Securities Investment Fund for the year 2025 [1] - The dividend distribution base date is set for June 6, with a cash dividend of 0.43 yuan per 10 shares [1] - The record date for shareholders eligible for the dividend is October 30, and the cash dividend payment date is November 5 [1] Summary by Category Dividend Details - The fund will distribute a cash dividend of 0.43 yuan for every 10 shares held [1] - The distribution is applicable to all fund shareholders registered on the record date [1] Tax and Fees - The distributed fund income is exempt from income tax according to regulations from the Ministry of Finance and the State Administration of Taxation [1] - There are no distribution fees for the dividend [1]