XINYUAN PM (01895) controlling shareholder Xinyuan Real Estate Holdings was forced to submit a non-voluntary application

XINYUAN PM (01895) announced that the company has been informed that several creditors of Xinyuan Real Estate Holding Limited (Xinyuan Real Estate Holding, the ultimate controlling company of the company) filed an involuntary petition against Xinyuan Real Estate Holding in the United States Bankruptcy Court for the Southern District of New York on April 14, 2025 (Eastern Time). As of the date of this announcement, to the knowledge of the company's board of directors, there have been no bankruptcy orders filed against Xinyuan Real Estate Holding. As of the date of this announcement, Xinyuan Real Estate Holding is the controlling shareholder of the company, holding 255,402,000 shares, equivalent to approximately 43.07% of the total issued share capital of the company. Shares of Xinyuan Real Estate Holding are listed on the New York Stock Exchange (stock code: XIN). The board of directors believes that this petition will have no significant impact on the financial performance and operations of the group.