Evergrande Group (in liquidation) announced that the bankruptcy liquidation application of its indirectly wholly-owned subsidiary Guangzhou Kailong Real Estate Co., Ltd. ('Guangzhou Kailong') has been accepted by Guangzhou Intermediate People's Court of Guangdong Province ('Guangzhou Court'). The application was announced on August 9, 2024, and the first creditors' meeting is scheduled to be held at 9:30 a.m. on November 14, 2024. Creditors need to declare their claims to the bankruptcy administrator of Guangzhou Kailong before November 7, 2024. In addition, Guangdong Wanhe New Electric Co., Ltd. also issued an announcement on the progress of the application on August 10, 2024. Evergrande Group reminds shareholders, investors and potential investors to act prudently when trading the company's securities, and will continue to be suspended from trading until further notice.

Evergrande Group (in liquidation) announced that the bankruptcy liquidation application of its indirectly wholly-owned subsidiary Guangzhou Kailong Real Estate Co., Ltd. ('Guangzhou Kailong') has been accepted by Guangzhou Intermediate People's Court of Guangdong Province ('Guangzhou Court'). The application was announced on August 9, 2024, and the first creditors' meeting is scheduled to be held at 9:30 a.m. on November 14, 2024. Creditors need to declare their claims to the bankruptcy administrator of Guangzhou Kailong before November 7, 2024. In addition, Guangdong Wanhe New Electric Co., Ltd. also issued an announcement on the progress of the application on August 10, 2024. Evergrande Group reminds shareholders, investors and potential investors to act prudently when trading the company's securities, and will continue to be suspended from trading until further notice.