Shanghai Shibei Hi-Tech Co. Ltd. (900902)

Overview

Hoshino Resorts REIT, Inc. (HRR), publicly listed since 2013, is distinguished for being among the smallest listed real estate investment trusts (REITs) globally. A remarkable feature of our company is our trailblazing inclusion of traditional wooden Ryokans (Japanese-style inns) in a REIT portfolio, a first in the industry. Since our initial public offering, we have focused on enhancing unitholder value, achieving a significant increase in our asset scale—approximately 10 times the size at the time of listing. Moreover, our distributions have seen a noteworthy approximately twofold increase compared to the second period after our listing. With a forward-looking strategy, HRR is committed to continuous growth by fostering a cycle of increasingly robust competitiveness within our operations. Future plans include maintaining stable financial management while aiming for substantial asset scale growth to facilitate robust portfolio expansion and contribute positively to the tourism industry. We value the continued support and encouragement from our stakeholders as we stride towards these objectives.

Products and Services

At Hoshino Resorts REIT, Inc., our innovative approach to real estate investment focuses on a unique blend of traditional and modern hospitality assets. Below are our key offerings:

• Traditional Wooden Ryokans:

Leading the industry, we are the first REIT to integrate traditional wooden Ryokans into our portfolio. These Japanese-style inns are known for their wooden construction, offering guests an authentic and immersive cultural experience. Our dedication to preserving and promoting this traditional form of lodging not only appeals to a broad demographic of tourists seeking cultural experiences but also demonstrates our commitment to maintaining the cultural heritage of Japan.

• Portfolio Expansion:

Since our inception, we have focused on expanding our asset scale significantly—a testament to our successful investment strategy. By carefully selecting properties that align with our growth objectives and the evolving needs of the tourism industry, we aim to continue this trend of strategic portfolio expansion. This approach ensures a diverse and resilient asset base capable of sustaining and increasing unitholder value over time.

• Contribution to the Tourism Industry:

In line with our growth strategy, we are dedicated to contributing positively to the tourism industry. By investing in and managing properties that enhance the tourism experience, we help stimulate local economies and promote cultural exchange. Our efforts extend beyond financial growth, aiming to foster a sustainable and vibrant tourism sector that benefits communities, guests, and stakeholders alike.