Zhenro Properties unit proposes restructuring RMB 6.66 billion Shanghai-listed bonds

• Zhenro Properties Group disclosed a proposed restructuring of nine Shanghai-listed corporate bonds via its indirect unit, Zhenro Properties.
• Outstanding principal totals RMB 6.66 billion, rising to about RMB 7.2 billion including accrued interest.
• Framework offers an RMB 64 million cash settlement to offset 8% of principal and interest, capped at RMB 800 million.
• Sale proceeds from three property projects, estimated at RMB 179 million, earmarked to repay up to RMB 1.6 billion of principal.
• Remaining amounts to be exchanged into new bonds with about 8.5-year maturity, 1% simple interest post-base date, quarterly repayments starting year two.

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. Zhenro Properties 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-20260810-12278067), on August 10, 2026, and is solely responsible for the information contained therein.