Core Viewpoint - The company JinWind Technology (金风科技) announced the voluntary termination of its public offering of an infrastructure REITs project, which was initially submitted for approval to the China Securities Regulatory Commission (CSRC) and Shenzhen Stock Exchange (SZSE) [1] Group 1: REITs Project Announcement - JinWind Technology published a voluntary announcement regarding the public offering of an infrastructure securities investment fund (REITs project) [1] - The fund manager, Jianxin Fund Management Co., Ltd., and the asset support plan manager, Jianxin Capital Management Co., Ltd., submitted application materials to the CSRC and SZSE on September 4, 2023 [1] - The targeted asset pool for this REITs project includes the assets held by Quannan Tianrun Tianpai Mountain New Energy Co., Ltd. [1] Group 2: Termination of REITs Project - The company held its ninth board meeting on January 16, 2026, where it approved the proposal to terminate the public REITs application and issuance process [1] - The company plans to submit an application to the CSRC and SZSE to terminate the review process for the REITs project [1]

Core Viewpoint - The new guidelines for the registration and settlement of publicly raised infrastructure securities investment funds have been released by China Securities Depository and Clearing Corporation, effective from June 27, 2025, aiming to support the expansion of public REITs sales to unspecified investors and optimize the business rule system [1] Group 1 - The new guidelines integrate the previous settlement business guidelines for the Shanghai and Shenzhen stock exchanges issued on June 24, 2022, which are now invalidated [1] - The latest data indicates that the total market value of public REITs has exceeded 200 billion yuan since their inception in 2020, marking significant growth over four years [1]