Country Garden: Completing Comprehensive Overseas Debt Restructuring

Country Garden China announced that the comprehensive restructuring of its overseas debts has been completed, with the effective date of the restructuring taking effect on December 23, 2025. The company's existing debt of approximately 9.6 billion US dollars has been fully discharged and waived. In exchange, the company issued Mandatory Convertible Bonds 1 and Mandatory Convertible Bonds 2 to the planned creditors on the effective date of the restructuring according to the terms of the plan.