600340: China Fortune Land Development Co.Ltd(600340) progress announcement on matters related to entrusted financial management

Securities abbreviation: China Fortune Land Development Co.Ltd(600340) securities code: 600340 No.: pro 2022-004 China Fortune Land Development Co.Ltd(600340)

Progress announcement on matters related to entrusted financial management

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. In December 2021, China Fortune Land Development Co.Ltd(600340) (hereinafter referred to as “the company”) reported the loss of contact with the relevant counterpart of China create Capital Limited (hereinafter referred to as “China create capital”) entrusted with financial services to Langfang public security organ, On December 14, 2021, he received the receipt of accepting the case issued by the Economic Crime Investigation Detachment of Langfang Public Security Bureau (for details, see the China Fortune Land Development Co.Ltd(600340) announcement disclosed by the company on December 16, 2021). The company has organized relevant personnel to carry out verification work on the above entrusted financial management related matters at the first time, including self-examination of the approval, agreement, voucher and other documents related to entrusted financial management, and organized the person in charge of the overseas financing department and relevant handling personnel responsible for the above entrusted financial management matters to explain the entrusted financial management and provide corresponding materials, Coordinate the team leaders and relevant handling personnel to actively cooperate with the investigation work of the public security organ. However, due to the fact that zhongkechuang capital is an overseas enterprise and its relevant counterpart has lost contact, it is difficult and time-consuming to investigate and obtain evidence. At present, the public security organ is still investigating the relevant situation. The company will fulfill the obligation of information disclosure in time after the verification of the entrusted financial management. Please pay attention to investment risks.

It is hereby announced.

China Fortune Land Development Co.Ltd(600340) board of directors January 29, 2022

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