Financial Trust Development: The second creditors' meeting for the reorganization of the controlling shareholder's bankruptcy has been postponed to January 9, 2026.

Caixin Development announced that the second creditors' meeting for the bankruptcy reorganization of its controlling shareholder, Caixin Real Estate, and its indirect controlling shareholder, Caixin Group, has been postponed. Some creditors are unable to vote on-site due to the need to go through internal approval processes, so the voting deadline has been extended to 24:00 on January 9, 2026. Caixin Real Estate holds 36.25% of the company's shares, all of which are pledged and frozen; investors are planning to acquire 20% - 29.99% of the shares, which may result in changes to the company's equity structure. The proposed reorganization plan still needs to be approved by the creditors' meeting and the court, with uncertain results. Investors are reminded to pay attention to the risks.