Yuexiu Property announced on November 28, 2024 that the public listing process for the sale of subsidiary company's equity has been completed. The Guangdong United Property Rights Exchange has received applications and bids from the intended transferee, and will notify the seller of the final transferee's identity. If the potential sale materializes, it may constitute a disclosure obligation and/or related party transaction, requiring compliance with the Listing Rules Chapter 14 and Chapter 14A. Yuexiu Property stated that the potential sale involving asset-backed securities programs does not constitute a transaction requiring disclosure under Chapter 14 of the Listing Rules. The company will issue separate announcements as necessary in accordance with the Listing Rules. Due to the potential sale may not necessarily materialize...Show More

Yuexiu Property announced on November 28, 2024 that the public listing process for the sale of subsidiary company's equity has been completed. The Guangdong United Property Rights Exchange has received applications and bids from the intended transferee, and will notify the seller of the final transferee's identity. If the potential sale materializes, it may constitute a disclosure obligation and/or related party transaction, requiring compliance with the Listing Rules Chapter 14 and Chapter 14A. Yuexiu Property stated that the potential sale involving asset-backed securities programs does not constitute a transaction requiring disclosure under Chapter 14 of the Listing Rules. The company will issue separate announcements as necessary in accordance with the Listing Rules. Due to the potential sale may not necessarily materialize, shareholders and potential investors should act prudently when trading the company's securities. The announcement was issued by the company secretary Yu Da-Feng on behalf of the Board of Directors, which includes executive director Lin Zhao-Yuan (Chairman), Zhu Hui-Song, He Yu-Ping, Chen Jing, and Liu Yan; non-executive directors Zhang Yi-Bing and Su Jun-Jie; and independent non-executive directors Yu Li-Fa, Li Jia-Lin, Liu Han-Quan, and Zhang Jian-Sheng.