Sunac China Holdings Limited (02522) announced that the company's board of directors has reviewed and approved the implementation of full circulation (H-share full circulation) of 51.5621 million shares of unlisted shares held by several shareholders, which accounts for approximately 14.47% of the company's issued share capital as of the date of this announcement.

As of this announcement date, full circulation of H shares still requires obtaining all relevant approvals (including notice of filing from the China Securities Regulatory Commission), converting such unlisted shares into the company's H shares, and obtaining approval from the Hong Kong Stock Exchange (HKEX) for trading and listing (conversion and listing) of such H shares on the HKEX main board.