China Hengda has been notified of the court lawsuit and has been recovered 2.15 billion

On the evening of December 5, China Evergrande announced on the Hong Kong Stock Exchange that the Company and three related subsidiaries have received a notice of litigation issued by the Intermediate People’s Court of Guangzhou City, Guangdong Province, China, and Jinbi Property has proposed to recover approximately RMB 1.9963125 billion and approximately RMB 152.0628 million from the Company and three related subsidiaries for the enforcement of its RMB 2 billion deposit certificate pledge guarantee by the bank.