Powerlong Real Estate Holdings Ltd. announced that it has redeemed all the outstanding notes in full on the redemption date at the redemption price equal to 105.6250% of the principal amount thereof, being USD 264,062,500, plus accrued and unpaid interest of USD 14,062,500 to the redemption date. The total redemption price paid by the company on the redemption date is USD 278,125,000. The company considers that there will be no material impact on its financial position as a result of the redemption.

Upon completion of the redemption, the notes will be cancelled and delisted from the official list of The Stock Exchange of Hong Kong Limited.