In order to thoroughly implement the decisions and arrangements of the CPC Central Committee and the State Council, further assist the integrated construction of the Yangtze River Delta, and promote the steady development of the domestic infrastructure public offering REITs market, recently, ShanghaiStock Exchangeand the Yangtze River Delta Regional Cooperation Office, Shanghai Development and Reform Commission, Jiangsu Province The Development and Reform Commission, the Development and Reform Commission of Zhejiang Province and the Development and Reform Commission of Anhui Province, as the joint guiding units, initiated the establishment of the Yangtze River Delta Infrastructure REITs Industry Alliance (hereinafter referred to as the REITs Industry Alliance), which has widely absorbed all participants in the REITs market and helped the foundation of the Yangtze River Delta. Facility REITs will develop better and faster.
The REITs Industry Alliance is an open joint organization established on the basis of voluntariness, equality, mutual benefit and cooperation. It consists of guiding units, professional consultants, member units, councils and secretariats.The members of the REITs Industry Alliance cover various market participants such as infrastructure REITs sponsors, securitiescompanies, fund companies, law firms, accounting firms and assessment agencies.The goal and main work of the REITs Industry Alliance is to focus on the overall development goals of the Yangtze River Delta and the development plan for the infrastructure sector, based on enterprise development and market demand, cultivate high-quality REITs product projects throughout the chain, and regularly organize exchange activities in the field of REITs, with multiple perspectives. Carry out frontier research on REITs industry, gather superior resources in the market, effectively improve the quality and efficiency of serving the integrated development of the Yangtze River Delta, and comprehensively help create a new highland for the development of REITs with international competitiveness.
It is reported that after the establishment of the REITs Industry Alliance, it will give full play to the joint efforts of the guiding units, mobilize the advantageous resources of all parties, cultivate and tap the market potential, give full play to the cohesive effect of the cooperatives, jointly promote the development of the REITs market and the integrated construction of the Yangtze River Delta, and provide effective services. National strategy and realeconomicdevelopment.At the same time, we also expect more parties who are committed to the construction of the REITs market to actively join the REITs industry alliance, so as to revitalize the stock of high-quality assets, stabilize the economic market and play the due functions offinancialproducts, and share the value of industrial collaboration.
Source: China Securities Journal China Securities Network Author: Zhou Jia
