A wholly-owned subsidiary of Shoucheng Holdings Ltd. is participating in the management of the Beijing Pingzhun Infrastructure Real Estate Investment Fund, which has recently invested in Huadian REIT. This strategic investment aims to optimize asset allocation, promote ecological protection, and support the development of a low-carbon economy through clean-energy infrastructure. The underlying asset of Huadian REIT is the Huadian Hangzhou Jiangdong Natural Gas Heat and Power Cogeneration Project. This initiative by Shoucheng Holdings' subsidiary reflects a commitment to strengthening its position in China's intelligent infrastructure real estate sector and aligning with innovative financial models to revitalize clean-energy assets.