The China Southern Universal Data Center REIT (code: 508060) has made a triumphant debut on the Shanghai Stock Exchange, marking a significant expansion of the asset base within China's burgeoning REITs market. With a fundraising target of RMB 2.4 billion, this fund is exclusively dedicated to the Kunshan Guojin Data Cloud Computing Data Center project, operated by GDS Holdings. Projections indicate that by 2025, the annualized cash flow distribution rate is anticipated to reach 5.07%. GDS Holdings, a pioneering leader in high-performance data center services, has maintained its industry-leading position for four consecutive years. The launch of this REIT heralds a novel financing avenue for asset securitization within the data center sector. During the subscription phase, the fund garnered immense market interest, with public investors subscribing at a remarkable 455 times the initial offering. Moving forward, China Southern Asset Management, as the fund manager, will collaborate with all stakeholders to ensure the fund's efficient operation, foster high-quality growth, and provide robust financial backing for the advancement of Digital China and the optimal allocation of computing resources.