Zhitong Finance App News, Contemporary Real Estate (01107) issued an announcement. When entering into the equity transfer agreement A and share transfer agreement B, the company should have complied with the relevant notices and announcements of the listing rules relating to the sale of Hunan Envision Energy and the sale of Qingdao Contemporary Blossom Blue. It is once again confirmed that the delayed disclosure of such sales matters is an exceptional situation during the critical period of 2022. With the property market sluggish, the company had no choice but to deploy all of its human resources to deal with the severe situation. In this process, the company inadvertently and negligently complied with the provisions of Chapter 14 of the Listing Rules. The Company deeply regrets its violation of Chapter 14 of the Listing Rules and would like to emphasize that this violation was only a single incident, a pure careless mistake, and the company had no intention of concealing any information relating to such sales matters from the public.
Since the second half of 2023, the Group's operations, management and human resources have gradually been fully restored, and the company has been earnestly fulfilling its compliance responsibilities under the listing rules.