Sino-Ocean Group Holdings Limited ("Sino-Ocean Group") announced the progress of its overseas debt restructuring, which will be implemented through two concurrent procedures, the UK restructuring plan and the Hong Kong scheme arrangement. The UK restructuring plan will be heard in the High Court of England and Wales on October 18, 2024, while the hearing for the Hong Kong scheme arrangement is scheduled to take place in the High Court of Hong Kong on October 31 of the same year. In addition, Sino-Ocean Group has revised the terms of the restructuring support agreement to consolidate nine new notes into one, in order to enhance the tradability and liquidity of the new notes. The company will continue to release further announcements on the progress of the restructuring and remind shareholders and potential investors to exercise caution when trading the company's securities.

Sino-Ocean Group Holdings Limited ("Sino-Ocean Group") announced the progress of its overseas debt restructuring, which will be implemented through two concurrent procedures, the UK restructuring plan and the Hong Kong scheme arrangement. The UK restructuring plan will be heard in the High Court of England and Wales on October 18, 2024, while the hearing for the Hong Kong scheme arrangement is scheduled to take place in the High Court of Hong Kong on October 31 of the same year. In addition, Sino-Ocean Group has revised the terms of the restructuring support agreement to consolidate nine new notes into one, in order to enhance the tradability and liquidity of the new notes. The company will continue to release further announcements on the progress of the restructuring and remind shareholders and potential investors to exercise caution when trading the company's securities.