CityLand Fragrance River: Received the decision on administrative supervision measures from the Shanghai Securities Regulatory Bureau.

On the evening of September 11, Chengdi Hong Kong announced that the company and related responsible persons had received a warning letter from the Shanghai Securities Regulatory Bureau. After investigation, it was found that there were inaccuracies in the financial data disclosed in the 2023 annual report and multiple quarterly reports in 2024, including errors in offsetting internal transactions of subsidiaries, amortization errors of the right-of-use assets, and recognition of revenue across periods. The company and related responsible persons have been required to rectify the situation in order to improve operational standards and strengthen internal control systems. This regulatory measure will not have a significant impact on the company's operations.