Chuangjin Hexin Beijing State-Owned Assets Management Co Ltd Closed Commercial Real Estate Investment Trust is a China-based closed-end real estate investment trust managed by Chuangjin Hexin Fund Management Co., Ltd. and sponsored by Beijing State-Owned Assets Management Co., Ltd. Founded in 2024 and headquartered in Beijing, China, the trust specializes in the investment, operation, leasing, and management of core commercial real estate and consumer infrastructure assets. The trust operates primarily through its commercial property portfolio, providing a comprehensive suite of real estate and asset management solutions, including commercial retail space leasing and anchor tenant management; shopping center and department store operations; full-scope property management, building maintenance, and facility engineering services; tenant relation management, lease contract administration, and foot-traffic marketing programs; smart building operations, digital retail integration, and energy efficiency management; and fund-level portfolio management, capital deployment, cash distribution administration, and regular yield disbursements to public unitholders. The trust focuses its geographic operations predominantly within Beijing and the wider Jing-Jin-Ji (Beijing-Tianjin-Hebei) metropolitan region, serving commercial retailers, food and beverage operators, consumer service providers, and capital market investors. In recent developments, the trust completed its initial public offering and listing on the Shenzhen Stock Exchange under ticker 181001 as part of China's expanding public consumption-related commercial REIT market. To enhance operational resilience and asset yields, the trust has executed strategic operating partnerships with tier-one municipal commercial management platforms, accelerated tenant mix upgrades toward high-growth experiential consumer sectors, and introduced intelligent green building standards across its underlying physical assets to lower operating expenditures and improve recurring cash flows.