[HIGHLIGHTS] Evergrande Real Estate, Kaisa and Guangxi Wantong were publicly condemned by the Shenzhen Stock Exchange

Evergrande Real Estate, Kaisa and Guangxi Wantong were publicly condemned by the Shenzhen Stock Exchange. Evergrande and Kaisa violated the provisions of Article 1.5, Article.6 Paragraph 1 and Article 3.2.2 of the Bond Listing Rules.

Kaisa failed to submit and disclose the 2022 annual report and 2023 interim report within the above specified time. Zhao Changlong and Qian Cheng failed to fulfill their duties and fulfill their obligations of integrity and diligence.