Main content - Start? Listing Disclosure Basic Information Project Name: Zhaoqing Xinrong Real Estate Co., Ltd. 99.804% Equity Project Number: Subject Name: Subject Number: Transferor Name: Poly South China Industrial Co., Ltd. Transfer Proportion: 99.804 Transfer Approval Unit: China Poly Group Co., Ltd. Trading Institution Name: Beijing Property Rights Exchange Listing Price: 1020.5241 million yuan Listing Period: 20 Listing Date: April 14, 2025 Selected Bidding Trading Method: Online bidding Whether the original shareholders of the subject enterprise have waived their right of first refusal: Yes Management has acquisition intention: No Other conditions related to the transfer: 1. The intended transferee must pay a transaction deposit of RMB 1 million to the designated account of Beijing Property Rights Exchange within 3 working days after the qualification of the transfer is confirmed (subject to the time of receipt). 2. Upon the expiration of the information release period, if only one original shareholder who has not waived their right of first refusal is the intended transferee, the project will be executed through an agreement transfer method; If, in addition to the original shareholders who have not waived their right of first refusal: (1) only one intended transferee is generated, the intended transferee shall make one quotation and enter the original shareholder consultation stage; If the original shareholder waives the right of first refusal, the intended transferee becomes the transferee; If the original shareholder exercises the right of first refusal, the original shareholder becomes the transferee; (2) Generate two or more intended transferees, and the project will adopt online bidding to determine the highest bidder before entering the original shareholder consultation stage; If the original shareholder waives the right of first refusal, the highest bidder becomes the transferee; If the original shareholder exercises the right of first refusal, the original shareholder becomes the transferee. The security deposit paid by the transferee shall be directly converted into a part of the transfer price. Other intended transferees shall submit an "Application for Refund of Security Deposit" to the Beijing Property Rights Exchange from the date of confirmation. The Beijing Property Rights Exchange will refund the security deposit without interest within 3 working days after receiving the "Application for Refund of Security Deposit". 3. If any of the following situations occur without the fault of the transferor, the transferor has the right to deduct all the transaction deposit from the intended transferee: (1) If the intended transferee unilaterally withdraws the transfer application after paying the deposit; (2) After collecting two or more potential transferees who meet the conditions, they did not participate in the subsequent bidding process; (3) During the bidding process, the transfer base price is used as the starting price, and all intended transferees should not bid; (4) Failure to sign the Property Transaction Contract with the transferor within the agreed time limit after being identified as the transferee, and failure to pay the remaining transaction price except for the deposit within the agreed time limit; (5) The intended transferee has failed to fulfill the relevant written commitments made when acquiring this project or has other violations of transaction rules and conditions. 4. The announcement period of this project is the due diligence period. The intended transferee shall confirm their eligibility for the transfer and pay a deposit, which shall be deemed to have read and fully recognized the asset evaluation report, audit report, all reference documents of the Beijing Stock Exchange, and the contents disclosed in such reports, as well as completed all due diligence investigations on this project. Based on such contents, the intended transferee shall make an independent judgment and voluntarily accept all of them