R&F Properties: Additional restrictions on high consumption and disclosure of progress in major litigation and arbitration

R&F Properties announced that the company, along with its legal representative and chairman Li Silian, has recently been subject to new restrictions on high consumption, stemming from a financial loan contract dispute with a certain bank. The Guangzhou Intermediate People's Court issued a consumption restriction order on September 30, 2026. This matter has not yet had a material adverse impact on the company's daily operations or debt repayment capacity, and the company is actively communicating to seek a proper resolution. In addition, there are new developments in the trust loan contract dispute between a certain trust company and the company and its related subsidiaries: some properties at R&F Xiangcheng Mansion, No. 52 Gucheng East Road, Xiangshan District, were sold through judicial auction, while the remaining auctioned properties failed to sell at this auction. The company and its related subsidiaries are still actively communicating with the relevant institutions to strive for a proper resolution.