Yuexiu Transport’s Publicly Offered Infrastructure REIT “CAMC-Yuexiu Expressway Close-end Infrastructure Securities Investment Fund” Successfully Listed on Shenzhen Stock Exchange

HONG
KONG SAR – Media OutReach –
14 December 2021 – Yuexiu Transport Infrastructure Limited (“Yuexiu
Transport Infrastructure” or the “Company”, which, together with its
subsidiaries, is referred to as the “Group”; stock code: 1052) announced that
its publicly offered infrastructure REIT, “CAMC-Yuexiu Expressway Close-end
Infrastructure Securities Investment Fund” (“Yuexiu Expressway REIT”, fund code:
180202), is successfully listed on the Shenzhen Stock Exchange today.

A spokesperson for
Yuexiu Transport Infrastructure said the successful listing of the Yuexiu
Expressway REIT on the Shenzhen
Stock Exchange today has marked an important milestone for the Company. The
offering was widely supported by investors and received overwhelming
subscription. The public offering of the expressway REIT will facilitate a
complementary interaction between the two capital platforms of the Group and
open up the circulation of capital between the two platforms. It not only
provides investors in the secondary market with the opportunity to invest in
infrastructure projects, but also provides infrastructure companies with new
financing channels other than equity and bond. Looking ahead, the Group will be
able to offer its existing expressway assets through the REIT platform as
appropriate to realize future earnings in advance, recoup upfront capital, and
provide financial support for the expansion of its core business. As a fund
unit holder, Yuexiu Transport Infrastructure will continue to benefit from the
development of the high-quality expressway projects as it receives REIT
dividends.

With the
establishment of the capital platform of publicly offered infrastructure REIT,
Yuexiu Transport Infrastructure will be able to open up the capital cycle of
“investing, financing, asset management, and withdrawal” and optimize its
development model, which is essential for further expanding and strengthening
its core transport infrastructure business and achieving mid- to long-term
sustainable development. The successful listing of the Yuexiu Expressway REIT
is an important step for Yuexiu Transport Infrastructure to implement the
strategic “14th Five-Year Plan”. The Group’s business structure will
be further optimized, and it will continue to create greater value for its shareholders
and the society.

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