KAISA GROUP (01638) announced that the company has been working closely with its financial and legal advisors to ensure the fulfillment of restructuring effective conditions. As of the announcement date, multiple restructuring effective conditions have been achieved, including the implementation of the effective dates for both the Kaisa plan and the Ruijing plan, representing significant milestones in the restructuring implementation process. On September 1, 2025, in preparation for completing the restructuring, the company allocated and issued 2.1 billion creditor group working fee shares in accordance with the creditor group working fee letter. The company is actively working to fulfill the remaining restructuring conditions. The restructuring effective date is expected to be before the end of September 2025, subject to the conditions for plan effectiveness being met or waived.