According to the Beijing Investment Development announcement, the company plans to transfer assets and liabilities related to the real estate development business to Tokyo Investment Company, the holding stock, using a cash payment method, which does not involve issuing shares and does not change the company's share structure or controlling shareholders. This matter constitutes a major asset restructuring and related transaction. Due to the heavy workload of audits, evaluations, due diligence, etc., the parties to the transaction are still communicating relevant elements. As of the disclosure date of this announcement, the company is actively proceeding with relevant preparations and has not signed any agreement. The transaction plan still needs to be verified, negotiated and carried out decision-making and approval procedures, and there is significant uncertainty about the matter.

According to the Beijing Investment Development announcement, the company plans to transfer assets and liabilities related to the real estate development business to Tokyo Investment Company, the holding stock, using a cash payment method, which does not involve issuing shares and does not change the company's share structure or controlling shareholders. This matter constitutes a major asset restructuring and related transaction. Due to the heavy workload of audits, evaluations, due diligence, etc., the parties to the transaction are still communicating relevant elements. As of the disclosure date of this announcement, the company is actively proceeding with relevant preparations and has not signed any agreement. The transaction plan still needs to be verified, negotiated and carried out decision-making and approval procedures, and there is significant uncertainty about the matter.