Xinyuan Real Estate Co. Ltd. held its 2025 extraordinary general meeting of shareholders on July 29, 2025, in Beijing, China. During the meeting, shareholders approved a proposal for a potential spin-off transaction, which involves transferring certain assets, liabilities, and operations in China to XIN SpinCo, a wholly-owned subsidiary, and distributing Spin-Off Shares to existing shareholders. Additionally, shareholders approved an offshore debt restructuring through a Scheme of Arrangement, which will result in the issuance of New Shares, New Perpetual Securities, and New Senior Notes.
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