Newsletter summary

The three bonds of the Orchard Group have completed partial payment and interest payment and will resume trading on May 15. Shares in China Olympic Park Port fell 3%.Pokeronlineweb.85%, sales increased in the previous April, turnover increased by 47.1% in 2023, and delivery area increased by 41.6%.

Text of news flash

[Aoyuan Group is about to resume trading, "21 Aoyuan debt" and other three bonds have been partially repaid] on May 14, the Aoyuan Group announced that the company has successfully completed "21 Aoyuan debt", "20 Aoyuan 01" and "20 Aoyuan 02" bonds.PokeronlinewebPart of the micro-payment and the payment of interest accrued. The three bonds will resume trading on May 15 and take effect from the opening of the market. In the secondary market, Hong Kong shares of China Olympic Park fell 3.85 per cent on the day, compared with 44.44 per cent and 27.66 per cent gains in the previous two trading days. The transfer transaction of the three bonds after the resumption of trading will continue to follow the provisions of the relevant announcement. The remaining outstanding bonds of "21 Olympic Garden debt" are 18.2 million, "20 Olympic Garden 01" is 25.4 million, and "20 Olympic Garden 02" is 11.8 million. In addition, the Orchard Group also announced that it had delivered a total of about 4600 homes from January to April 2024, demonstrating the company's sound operating ability in the current market environment. According to the latest financial report, in 2023, the turnover of the Olympic Garden Group reached 27.533 billion yuan, an increase of 47.1 percent over the same period last year; property contract sales were about 13.712 billion yuan, with a sales area of 1.304 million square meters, and the delivery area increased by 41.6 percent over the same period last year. It is worth noting that the previous overseas debt restructuring of Aoyuan Group has been successfully completed, effectively promoting the company's stable operation in Baojiao building, project sales, construction and financing. Looking to the future, Aoyuan Group will continue to uphold the "low-key, pragmatic and rational" corporate culture, integrate resources, invigorate project construction and sales, and ensure smooth project delivery. to achieve the development goal of "small and beautiful", "specialized and sophisticated" and get back on the right track.