Ganglong China Property Has No Restructuring Deal for US$ 180 Million in Defaulted Notes

• Ganglong China Property had reached no restructuring agreement or extension for its November 2025 Notes as of October 20, 2026.
• Outstanding principal totaled approximately US$ 180 million at September 30, 2026; no noteholder had commenced legal proceedings as of the announcement.
• A RMB 240 million onshore borrowing was extended to December 2027.
• Borrowings of RMB 87 million and approximately RMB 95 million remained unpaid and unextended, with settlement discussions ongoing.
• No formal repayment schedules or settlement arrangements had been reached with at least 20 key contractors over outstanding construction fees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ganglong China Property Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261020-12376784), on October 20, 2026, and is solely responsible for the information contained therein.