China Fortune Land Development: As of the end of October, the total amount of debts that have not been repaid as scheduled amounted to 24.571 billion yuan.

On November 16th, Jinshi Data reported that on November 15th, China Fortune Land Development Co., Ltd. announced matters related to debt restructuring progress and others. As of October 31, 2024, the total amount of financial and operating debts compensated by the equity of the "Happy Selection Platform" and "Happy Excellence Platform" constructed by China Fortune Land Development Co., Ltd. and its subsidiaries amounted to approximately 19.875 billion yuan, while it was 19.873 billion yuan at the end of September. In October of this year, the company and its subsidiaries added a debt amount of 27 million yuan that was unable to be repaid in time, including bank loans and trust loans. As of October 31st, the total amount of debt that the company failed to repay in time reached 24.571 billion yuan. At the end of September, the total amount of debt that the company failed to repay in time was 24.471 billion yuan. From the time of the previous disclosure of litigation and arbitration cases to October 31st, the total amount of new litigation and arbitration cases involving the company amounted to 552 million yuan, accounting for approximately 7.71% of the net assets attributable to the shareholders of the listed company, which were 7.16 billion yuan at the most recent audited period.