Kwg Group Holdings Limited ("the Company") announced that as of 16 May 2023, its five different series of senior notes with different maturity dates will continue to be suspended from trading. These notes include senior notes due in November 2024, August 2025, February and August 2026, and January 2027. The Company has appointed advisors to discuss a comprehensive solution with overseas creditors to ensure fair treatment of creditors and stakeholders, and to provide a sustainable capital structure. Kwg Group actively engages in negotiations with creditors and stakeholders and will update security holders and other investors at the appropriate time. The Company reminds investors to consider related risks when trading securities and to act prudently, and recommends seeking professional advice if in doubt. The announcement is issued on behalf of the company by Chairman Kong Jianming.

Kwg Group Holdings Limited ("the Company") announced that as of 16 May 2023, its five different series of senior notes with different maturity dates will continue to be suspended from trading. These notes include senior notes due in November 2024, August 2025, February and August 2026, and January 2027. The Company has appointed advisors to discuss a comprehensive solution with overseas creditors to ensure fair treatment of creditors and stakeholders, and to provide a sustainable capital structure. Kwg Group actively engages in negotiations with creditors and stakeholders and will update security holders and other investors at the appropriate time. The Company reminds investors to consider related risks when trading securities and to act prudently, and recommends seeking professional advice if in doubt. The announcement is issued on behalf of the company by Chairman Kong Jianming.