Yuexiu Real Estate Fund: In the second half of 2025, management fees will exceed 75 million yuan, paid through a combination of fund units and cash.

NightAirdropper · 2026-04-05T03:25:48+00:00

Ruisi Network News: On April 1, Yuexiu Property Base Date released an announcement, which disclosed in detail the management fee payment situation for the period from July 1, 2025 to December 31, 2025. According to the announcement, the total management fees for this period amounted to RMB 75,466,298 (approximately HKD 85,467,732), of which the base fees were RMB 59,001,095 (approximately HKD 66,820,420), and the service fees were RMB 16,465,203 (approximately HKD 18,647,312). According to the Yuexiu Property Fund Manager's choice, the base fees for the relevant period were originally planned to be paid in full in the form of fund units. However, because this would exceed the annual 3% fund unit issuance threshold, the portion beyond that threshold required approval from the fund unit holders or payment in cash. Ultimately, the Yuexiu Property Fund Manager agreed to waive the excess portion of the base fees of RMB 3,

NightAirdropper

2026-04-05 03:25:48

**Insightful Network News: **On April 1, Yuexiu Property Real Estate Investment Trust (Yuexiu Property Real Estate Investment Trust) released an announcement disclosing in detail the status of payment of manager fees for the period from July 1, 2025 to December 31, 2025. According to the announcement, the total manager fees for the period amounted to RMB 75,466,298 (approximately HKD 85,467,732), of which the basic fees were RMB 59,001,095 (approximately HKD 66,820,420) and the service fees were RMB 16,465,203 (approximately HKD 18,647,312).

Based on the election made by the manager of the Yuexiu Property Fund, the basic fees for the relevant period were originally planned to be paid in full in the form of fund units. However, because this would exceed the annual 3% fund unit issuance threshold, the portion in excess would require the approval of holders of fund units or be paid in cash. Ultimately, the manager of the Yuexiu Property Fund agreed to waive the excess portion of the basic fees that would otherwise have been paid in cash, amounting to RMB 3,802,553 (approximately HKD 4,306,500). The remaining basic fees of RMB 55,198,542 (approximately HKD 62,513,920) will be paid on April 1, 2026 by issuing 79,838,978 new fund units, with an issue price of HKD 0.783 per fund unit.

With respect to service fees, RMB 4,533,720 (approximately HKD 5,134,567) has already been paid in cash by the Yuexiu Property Fund to the manager on April 1, 2026. The remaining RMB 11,931,483 will be paid in cash by a special purpose company holding properties in the Mainland to the domestic manager (a wholly owned subsidiary of the manager of the Yuexiu Property Fund) to avoid double remuneration.

The announcement also stated that paying the remaining basic fees in the form of fund units complies with the provisions of the trust deed and does not require obtaining a specific prior approval from holders of fund units.

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