Han Kun represents JDP in establishing its first RMB warehousing and logistics investment fund

December, 2023 - Beijing, Mainland China

JINGDONG Property, Inc. ("JDP") recently completed the establishment and filing of its Core Fund IV with Chinese regulatory authorities. Core Fund IV is the first RMB warehousing and logistics investment fund initiated by JDP, with JDP serving as the asset manager and executive partner. The investors include four (4) leading domestic insurance companies and institutional investors.

Han Kun, as the legal advisor for JDP, provided comprehensive legal services for the establishment of the fund, the merger filing, and transaction-related matters.

About JDP: Positioned as the sole subsidiary within JD Group specializing in the development, operation, and management of warehousing and logistics facilities, JDP possesses all of the group's self-constructed warehousing and logistics projects. Through strategic investments, asset management acumen, and the provision of diversified value-added services, JDP is dedicated to furnishing industry partners with innovative solutions comprising modern, high-standard warehouses, and integrated intelligent industrial parks. The overarching objective is to emerge as the foremost global service provider rooted in the construction and operation of intelligent industrial parks.

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