Shoucheng Holdings Ltd. has announced its strategic expansion through an investment in the CICC Vipshop Outlets REIT. The company, leveraging its first-mover advantage in the REITs field, is collaborating with Beijing Pingzhun Infrastructure Real Estate Investment Fund. This move is set to revitalize existing assets and stimulate consumer infrastructure development in China. The investment focuses on the Shanjing Outlets project in Ningbo, Zhejiang Province, known for its robust asset quality and operational sustainability. By introducing long-term capital into the consumer sector, Shoucheng Holdings aims to support domestic demand expansion and contribute to the national economy's recovery. The company plans to further enhance its investment footprint in China's intelligent infrastructure real estate sector, deepening partnerships with leading commercial operators and industrial parties.