Securities Code: 000838
Securities Abbreviation: *ST Development
Announcement Number: 2026-052
Caixin Real Estate Development Group Co., Ltd.
Announcement on Subsidiary Receiving Civil Ruling for Property Preservation
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.
Special Notice:
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Litigation Stage: Property preservation stage;
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Party Status of the Listed Company's Subsidiary:
Zhenjiang Xincheng Real Estate Development Co., Ltd. (Company holds 75% equity): Respondent;
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Amount Involved: RMB 100 million;
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Impact on Company's Profit and Loss: As of now, the case is in the property preservation stage, and the impact on the company's current or subsequent profits cannot be determined.
Caixin Real Estate Development Group Co., Ltd. (hereinafter referred to as the "Company")'s subsidiary, Zhenjiang Xincheng Real Estate Development Co., Ltd. (hereinafter referred to as "Zhenjiang Xincheng"), received a Civil Ruling for Property Preservation from the People's Court of Runzhou District, Zhenjiang City, Jiangsu Province on August 10, 2026. Jiangsu Wanyuan Construction Group Co., Ltd. applied to the People's Court of Runzhou District, Zhenjiang City, Jiangsu Province for property preservation against Zhenjiang Xincheng. The details are as follows: