**Shoucheng Holdings Ltd. Announces Equity Investment in CapitaLand Commercial C-REIT** Hong Kong, 29 September 2025 - Shoucheng Holdings Limited announced that its wholly-owned subsidiary, through the Beijing Pingzhun Infrastructure Real Estate Investment Fund, has made an equity investment in CapitaLand Commercial C-REIT (CLCR). The REIT, managed by CapitaLand Investment, is backed by high-quality assets in China, including CapitaMall Yuhuating in Changsha and CapitaMall SKY+ in Guangzhou. Shoucheng Holdings stated that the investment will enhance its presence in China's intelligent infrastructure real estate sector and reinforce its leadership in the REITs market. The move is also expected to optimize consumer environments and promote high-quality economic development in China.