China Resources Land Limited has provided a supplemental update regarding its acquisition of the entire equity interests and debt interests in several target companies. The company stated that the valuation of the target projects, which are the substantial assets of the target companies, was conducted by a qualified and reputable valuer and was supervised to ensure transparency and fairness. The board concluded that the valuation and proposed bid price for the acquisitions are fair and reasonable after considering local policies, tax impacts, and other potential risks affecting land values and project feasibility. All other terms remain unchanged from the previous announcement.