Yida China Holdings Limited ("Yida China") learned on June 13, 2024 that a winding-up petition has been filed with the High Court of the Hong Kong Special Administrative Region regarding the outstanding principal amount of USD 191 million of the preference notes issued by the Company which will be due in 2025. If the winding-up petition is approved, any property disposal, share transfer or change of the company member status since May 31, 2024 will be invalid unless approved by the court. The board of directors reminds shareholders and potential investors to pay attention to the related risks and points out that the settlement of Hong Kong can suspend any services related to Yida China's shares at any time. Currently, the winding-up order has not yet been issued, and Yida China's stock has been suspended from trading since April 2, 2024, awaiting the announcement of the annual performance as of the end of 2023. The company's business will continue to operate as usual.

Yida China Holdings Limited ("Yida China") learned on June 13, 2024 that a winding-up petition has been filed with the High Court of the Hong Kong Special Administrative Region regarding the outstanding principal amount of USD 191 million of the preference notes issued by the Company which will be due in 2025. If the winding-up petition is approved, any property disposal, share transfer or change of the company member status since May 31, 2024 will be invalid unless approved by the court. The board of directors reminds shareholders and potential investors to pay attention to the related risks and points out that the settlement of Hong Kong can suspend any services related to Yida China's shares at any time. Currently, the winding-up order has not yet been issued, and Yida China's stock has been suspended from trading since April 2, 2024, awaiting the announcement of the annual performance as of the end of 2023. The company's business will continue to operate as usual.