On April 22, 2024, the Fifth Intermediate People's Court of Chongqing decided to accept the reorganization application filed by the creditors against Jinke Property Group Co., Ltd. Enterprise Bankruptcy Law of the People's Republic of China Article 46 stipulates that unexpired claims shall be deemed to have matured when the bankruptcy application is accepted, and interest on claims bearing interest shall stop accruing from the time the bankruptcy application is accepted. Therefore, 21 Jinke Real Estate MTN001 will expire on April 22, 2024 and stop accruing interest, and the issuer will be unable to fully redeem the principal and interest of the above bonds.