China Aoyuan Group Limited completed the restructuring of its overseas debt within the six months ended on June 30, 2024, significantly improving its market image. The Group continues to optimize costs and adjust its organizational structure to achieve normal operation. During the reporting period, the Group achieved approximately CNY 5.19 billion in property contract sales, with a contract sales area of approximately 0.611 million square meters. The Group continues to focus on the core cities of the Guangdong-Hong Kong-Macao Greater Bay Area. As of June 30, 2024, the total land reserve in the Greater Bay Area is approximately 5.76 million square meters, of which approximately 4.33 million square meters are attributable construction area. In the future, the Group will take full advantage of the opportunities and opportunities after the restructuring, strengthen the integration and protection of internal and external resources, focus on efficient collaboration, and take various measures to increase revenue and reduce expenses to accelerate the sustainable and stable development of the Group and continue to create value for shareholders, investors, and society.

China Aoyuan Group Limited completed the restructuring of its overseas debt within the six months ended on June 30, 2024, significantly improving its market image. The Group continues to optimize costs and adjust its organizational structure to achieve normal operation. During the reporting period, the Group achieved approximately CNY 5.19 billion in property contract sales, with a contract sales area of approximately 0.611 million square meters. The Group continues to focus on the core cities of the Guangdong-Hong Kong-Macao Greater Bay Area. As of June 30, 2024, the total land reserve in the Greater Bay Area is approximately 5.76 million square meters, of which approximately 4.33 million square meters are attributable construction area. In the future, the Group will take full advantage of the opportunities and opportunities after the restructuring, strengthen the integration and protection of internal and external resources, focus on efficient collaboration, and take various measures to increase revenue and reduce expenses to accelerate the sustainable and stable development of the Group and continue to create value for shareholders, investors, and society.