Shimao’s USD 9.07 Billion Debt Becomes Immediately Due as Winding-Up Petition Triggers Default

• Shimao Group's approximately USD 9.07 billion debt principal, accrued interest and any premium became immediately payable following defaults on October 25, 2026.
• The defaults arose because a winding-up petition remained undismissed and unstayed for 60 consecutive days.
• No notice or demand for immediate repayment had been received as of October 26, 2026.

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. Shimao Group Holdings Limited 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-20261026-12382409), on October 25, 2026, and is solely responsible for the information contained therein.