Zhitong Finance App News, Shanghai Industrial Holdings (00363.HK) announced that Shanghai Industrial Holdings (00363.HK), a non-wholly-owned subsidiary of the company, plans to implement REITs asset support securitization for the property through a special plan, with the aim of realizing the value of the Group's existing property assets, generating cash proceeds, optimizing the capital structure, and reducing the net debt ratio. The special plan is expected to raise approximately RMB 1,196 billion from investors through the issuance of approximately RMB 1,077 million in priority asset-backed securities and approximately RMB 119 million in secondary asset-backed securities.

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