Spring Real Estate Investment Trust announced unaudited operating results for the three months ended 30 September 2021. For the three months ended 30 September 2021, the company achieved an average monthly passing rent of approximately RMB 351 per square meter, representing a decrease of 0.8% from that of the previous quarter, and the average occupancy rate was approximately 95%, representing an increase of 3 percentage points from that of the previous quarter.