Capitaland Development: Planning for major asset sales and related transactions, or optimizing asset structures.

(Jingtou Development) announced that the company plans to transfer the real estate development-related assets and liabilities it holds to its controlling shareholder, Jingtou Corporation, in exchange for cash payment. The transaction will not involve the issuance of shares and will not affect the equity structure. It is expected to constitute a major asset restructuring and be a related party transaction. The transaction price has not been determined and still needs to go through internal and external decision-making and approval procedures. If completed, the company will no longer engage in real estate development business, and its revenue and total assets may decrease. However, it is expected to improve the asset-liability ratio and optimize the asset structure. At present, there is uncertainty about the matter, and the company's stock will not be suspended.