[Kaisa Announces Jinheng Wealth Product Payment Plan: Active...

[Kaisa Announces Jinheng Wealth Product Payment Plan: Active Disposal of Group Assets] On November 22, Kaisa Group Holdings announced the “Jinheng Wealth Product Payment Plan”. For the investor's principal amount due, 10% is paid in the month of maturity, and 10% is paid every 3 months thereafter; for the investor's interest, no interest is paid before the principal amount is due. Together with the principal amount, 10% is paid in the month the principal amount is due, and 10% is paid every 3 months thereafter. For the principal amount of the deferred payment, deferred interest is paid to the investor according to the one-year commercial loan benchmark interest rate of 4.35%. Kaisa said it is actively disposing of the Group's assets and returning the funds to pay the principal amount, maturing interest and deferred interest of Jinheng Wealth.
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