SH IND URBAN (00563.HK): Clarifies REIT Listing Media Reports; Potential Transaction Remains at Preliminary Exploratory Stage

NewTimeSpace News: On 11 September 2026, Shanghai Industrial Urban Development Group Limited (stock code: 00563) announced that the Board noted certain online media reports stating that an application has been received by the Shanghai Stock Exchange regarding a possible listing, by way of a real estate investment trust (REIT), of certain assets owned by the group, including a subsidised rental housing property portfolio.

According to the announcement, as of the date of the announcement, the possible transaction remains at a preliminary and exploratory stage and represents only one potential avenue for realizing value for the company's shareholders. The company is currently assessing and evaluating the potential structure and feasibility of the possible transaction, including whether it would be implemented by way of a REIT listing, a direct sale or disposal, or an alternative transaction structure, the scope of assets or businesses subject to it, the identity of any potential counterparties or sponsors, and its indicative timing and principal terms and conditions. The company emphasized that the possible transaction may or may not proceed and that its implementation is subject to the negotiation and execution of definitive transaction documents, the obtaining of all necessary regulatory, governmental and other approvals and consents, and prevailing market conditions, with no assurance that it will be completed on the terms or timetable currently contemplated.

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