Market Performance - The public REITs secondary market experienced a downward trend this week, with overall trading activity declining [1] - The CSI REITs total return index fell by 1.08% this week, underperforming the CSI 300 index [1][2] - As of February 27, the index closed at 1035.78 points, with a cumulative increase of 2.57% year-to-date [2] REITs Performance - Out of 79 listed public REITs, 17 saw an increase, with the top performers being data center, highway, consumer, and logistics REITs [2] - The best-performing REIT this week was the Southern Runze Technology Data Center REIT, which rose by 3.48% [2] - Conversely, 62 REITs declined, with 41 experiencing a drop of over 1%, the largest being Huatai Nanjing Jianye REIT, which fell by 6.34% [3] New REITs Filings - Four new public REITs were filed this week, indicating potential market expansion [4] - The Guangfa New Town Wuyue Commercial Real Estate REIT was officially filed, with a project scale of 616 million yuan [4] - The Jiashi Shoukai Commercial Real Estate REIT was also filed, aiming to revitalize existing assets and lower debt ratios [4] Additional Filings - The Guojin Jiazhe New Energy REIT was filed, focusing on wind power projects as underlying assets [5] - The Jianxin Tianjin Lingang Port REIT was filed, marking the first port real estate REIT in the country [6] - The Shanghai and Shenzhen stock exchanges issued the first round of review inquiries for five commercial real estate REIT projects this week [6]

Core Viewpoint - Jiaze New Energy Co., Ltd. announced adjustments to its infrastructure public REITs project plan and progress on December 8, 2023 [2]. Group 1: Project Announcement - In November 2023, Jiaze New Energy announced the initiation of the public REITs application process, utilizing the 150MW wind power project held by Ningxia Zekai New Energy Co., Ltd. as the underlying asset [2]. - The board of directors decided to adjust the public REITs application plan, changing the underlying assets to include the wind power projects held by Ningxia Bojiang New Energy Co., Ltd., specifically the Ningxia Guobo New Energy Tongxin Jiaojiafan Wind Power Project and the Ningxia Guobo New Rural Wind Power Project [2].