Zhitong Finance App News, Jinjie Holdings (03918.HK) issued an announcement regarding the development and construction of multi-functional entertainment and comprehensive resort facilities (Naga 3) in Phnom Penh, Cambodia. In view of changes in the external macroeconomic environment since the subscription agreement was signed in April 2019, the subscribers met with the Company and discussed the ongoing funding requirements under the subscription agreement and the Naga 3 project schedule. After thorough and careful consideration, the Company and the Subscriber agree that not continuing the subscription agreement is in the best commercial interests of both parties, and that all related responsibilities under the subscription agreement are amicably resolved through a formal mutual termination agreement.

Zhitong Finance App News, Jinjie Holdings (03918.HK) issued an announcement regarding the development and construction of multi-functional entertainment and comprehensive resort facilities (Naga 3) in Phnom Penh, Cambodia. In view of changes in the external macroeconomic environment since the subscription agreement was signed in April 2019, the subscribers met with the Company and discussed the ongoing funding requirements under the subscription agreement and the Naga 3 project schedule. After thorough and careful consideration, the Company and the Subscriber agree that not continuing the subscription agreement is in the best commercial interests of both parties, and that all related responsibilities under the subscription agreement are amicably resolved through a formal mutual termination agreement.