Maoye International (00848) announced that Maoye Commercial Co., Ltd. disclosed the "Announcement on Carrying out the Application and Issuance Work of Public REITs for Commercial Real Estate" (Announcement No.: Lin 2026-004) on January 23, 2026. The plan was to use certain buildings within the Chengdu Maoye Center, located at No. 28 North Section of Tianfu Avenue, Chengdu High-tech Zone, held by its wholly-owned subsidiary Chengshang Group Holdings Limited and its affiliate Chengdu Chongde Investment Co., Ltd. (final approval subject to regulatory review) as the underlying assets for the application and issuance of public REITs for commercial real estate. Given the relatively tight schedule for the issuance of this public commercial REIT by Maoye Commercial, and after thorough communication and evaluation between Maoye Commercial's management and intermediaries, a prudent decision was made to adjust the application plan to ensure the successful execution of the project. Following the adjustment, the underlying assets will be the office property in Tower C of the Chengdu Maoye Center, located at No. 28 North Section of Tianfu Avenue, Chengdu High-tech Zone, held by Maoye Commercial's affiliate Chongde Investment (final approval subject to regulatory review). After this adjustment to the application plan, the issuance work for the public commercial REITs project will continue to advance. Subsequently, the listed company will, based on changes in the market environment, opportunistically promote the use of its own relevant assets for public commercial REITs business at an appropriate time.