Kaisa Group Holdings Limited (the "Company") announced on September 13, 2024 that its overseas debt restructuring has made significant progress, with approximately 74.88% of Kaisa's debt and approximately 80.82% of Ruijing's debt holders agreeing to join the restructuring support agreement. The agreement stipulates that the consent fee will be paid on the effective date of the restructuring and participating creditors must meet specific conditions, including voting in favor at the plan meeting and not violating the terms of the agreement. The Company expresses its gratitude for the support of the creditors and will continue to update on the progress of the restructuring. Investors should exercise caution when trading the Company's securities.

Kaisa Group Holdings Limited (the "Company") announced on September 13, 2024 that its overseas debt restructuring has made significant progress, with approximately 74.88% of Kaisa's debt and approximately 80.82% of Ruijing's debt holders agreeing to join the restructuring support agreement. The agreement stipulates that the consent fee will be paid on the effective date of the restructuring and participating creditors must meet specific conditions, including voting in favor at the plan meeting and not violating the terms of the agreement. The Company expresses its gratitude for the support of the creditors and will continue to update on the progress of the restructuring. Investors should exercise caution when trading the Company's securities.