China Overseas Land & Investment Limited (the “Company”) (Stock Code: 688) announced the listing of CAMC-China Overseas Commercial Assets Closed-end Infrastructure Securities Investment Fund (the “REIT”) on the Shenzhen Stock Exchange, effective 31 October 2025 under trading code 180607.SZ.

The REIT offered 300 million units at a final offer price of RMB5.281 per unit, resulting in total gross proceeds of approximately RMB1.5843 billion. China Overseas Uni Commerce, an indirect wholly owned subsidiary of the Company, subscribed for 60 million units, accounting for 20% of the total issued units. Following the completion of this spin-off, the project company involved is no longer a subsidiary of the Company, and its financials will no longer be consolidated into the Company’s statements.

The establishment and separate listing of the REIT provides an alternative equity financing channel for the Company, aiming to diversify fundraising methods and enhance its operational capacity. The Company also notes that this listing is expected to facilitate effective revitalization of infrastructure assets by reducing low turnovers in longer-term projects, thereby strengthening the Company’s long-term performance. For additional details, the information published by the REIT is available on the website of the Shenzhen Stock Exchange.