According to the announcement from Yunnan Metropolitan Real Estate Development (600239.SH) on the Zhitong Finance APP, the company plans to negotiate and reach a settlement with the Kunming Branch of CM Bank and all shareholders of Eagle Land Company on financial loan contract disputes and other matters.

To reduce the financial pressure faced by the company due to joint liability, after multiple negotiations, the company plans to sign an "Execution and Settlement Agreement" with the Kunming Branch of CM Bank. According to the arbitration result, as of June 30, 2024, the company should pay 0.315 billion yuan under the arbitral award, while under the proposed settlement agreement, the company should pay 0.265 billion yuan, reducing the payment obligation by 50.1074 million yuan (subject to the audited financial data).

To ease the financial pressure on Eagle Land Company, maintain the normal production and operation of Eagle Land Company, and avoid the immediate compensation risk if Eagle Land Company defaults on the guarantee provided to Yunnan Vanke, as a condition proposed by the company for this settlement, Yunnan Vanke needs to extend the 1.556 billion yuan loan provided to Eagle Land Company. After the extension, the company will continue to provide a 36% joint liability guarantee for the principal and interest repayment of the loan based on the shareholding proportion. After negotiation, Yunnan Vanke agrees to extend the loan and sign the "Loan Extension Contract". The company will continue to provide a 36% joint liability guarantee for the loan and intends to sign a "Supplementary Agreement to the Guarantee Contract" with Yunnan Vanke and Eagle Land Company.