On October 28, Yinhua Guangdong Water Resources Closed Infrastructure Securities Investment Fund was listed on the Shenzhen Stock Exchange, making it the country's first real estate investment trust fund for water conservancy facilities to generate electricity. The underlying assets of the fund are specific assets related to power generation and charging rights for the Guangdong Beijiang Feilaixia Water Supply Hub and the Han River Chaozhou Water Supply Hub. Relying on the issuance of income from power generation operations for up to 30 years, the original shareholder ownership ratio is 58%. The funds raised are intended to be used for the construction of major water conservancy projects such as the Huangmaoxia Reservoir Project. The subscription ratio for offline distribution reached 218 times, and the subscription ratio for online distribution reached 366 times, all of which hit new highs for assets of the same type during the same period, with a distribution premium rate of 9%.

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