Ascendas Innovation Hub is a business park with two office towers, located within the core area of Xi’an Software Park in HiTech Industries Development Zone, the most mature business park submarket in Xi’an. The property has a total gross floor area of 40,547 sq m and net leasable area of 36,288 sq m. Ascendas Innovation Hub has good accessibility and the area is home to a mixture of office, retail, and residential as well as hotel developments. Notable tenants include UniIC Semiconductors, Montage Technology, Xi'an Zhaoxin Semiconductor Co., Ltd., New H3C Technologies Co., Ltd. Ascendas Innovation Hub attained its green certification in 2023. GROSS REVENUE RMB34.6 MILLION NET PROPERTY INCOME RMB25.8 MILLION PROPERTY VALUATION RMB353.0 MILLION Trade Sector By GRI (%) By Committed NLA (%) Electronics 82.2% 80.2% Information and Communications Technology 12.9% 12.3% Others 3.6% 6.2% Professional Services 1.3% 1.3% ASCENDAS INNOVATION HUB LEASE EXPIRY PROFILE (%) 2024 2025 2026 2027 2028 % of GRI % of Commited NLA 32.9% 27.5% 38.5% 1.1% 31.6% 27.3% 37.5% 3.6% LEED Gold Certified ANNUAL REPORT 2023 89 Financials Framework Portfolio Performance Leadership Overview
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