R&F Properties: Will continue to maintain communication with holders of "20 R&F Properties PPN001" and strive to raise funds for debt repayment.

R&F Properties discloses progress on the disposal of "20 R&F Properties PPN001": The company is currently making every effort to carry out its day-to-day operations and management, and will continue to resolve the risk difficulties it faces through market-based means. During this period, the company will continue to maintain communication with the holders of this tranche of privately placed debt financing instruments, actively respond to holders' relevant demands, and actively strive to raise debt repayment funds through multiple channels, safeguard holders' rights and interests, and seek to reach a disposal plan acceptable to holders as soon as possible. The company will continue to monitor the progress of relevant events, take proactive response measures, strive to reduce the adverse impact on the company's production and operations and debt repayment capacity, and timely fulfill its corresponding information disclosure obligations in accordance with laws and regulations.