Casin Real Estate Development Group Co.Ltd(000838) : Announcement on the cumulative reduction of shares by controlling shareholders to 1% (2022 / 04 / 25)

Securities code: Casin Real Estate Development Group Co.Ltd(000838) securities abbreviation: Casin Real Estate Development Group Co.Ltd(000838) Announcement No.: 2022031

Casin Real Estate Development Group Co.Ltd(000838)

Announcement on the cumulative reduction of shares by controlling shareholders to 1%

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

Casin Real Estate Development Group Co.Ltd(000838) (hereinafter referred to as “the company”) was posted on cninfo.com on March 8, 2022( http://www.cn.info.com.cn. )Chongqing Caixin Real Estate Development Group Co., Ltd. (hereinafter referred to as “Caixin real estate”) plans to reduce no more than 44018486 Casin Real Estate Development Group Co.Ltd(000838) shares (accounting for 4.00% of the total share capital of the company) through block trading within 6 months after 15 trading days from the disclosure date of the share reduction announcement, The reduction of Casin Real Estate Development Group Co.Ltd(000838) shares through centralized bidding shall not exceed 22009243 shares (accounting for 2.00% of the total share capital of the company), and the total reduction shall not exceed 66027729 shares (accounting for 6.00% of the total share capital of the company).

From April 14 to April 19, 2022, Caixin real estate reduced 14299797 shares of the company by means of centralized bidding and block trading, accounting for 1.30% of the total share capital of the company. For details of the above, see the announcement on the cumulative reduction of shares by controlling shareholders to 1% (Announcement No.: 2022025) published by the company on cninfo.com on April 20, 2022.

On April 24, 2022, the company received the notification letter of share reduction issued by Caixin real estate. Caixin real estate conducted block trading from April 21 to April 22, 2022

A total of 15000000 shares of the company were reduced, accounting for 1.36% of the total share capital of the company (including Shanghai Pudong Development Bank Co.Ltd(600000) 0 shares of the company through block trading on April 21, 2022, accounting for 0.54% of the total share capital of the company, and 9000000 shares of the company through block trading on April 22, 2022, accounting for 0.82% of the total share capital of the company). As of the disclosure date of this announcement, the proportion of cumulative reduction of shares of Caixin real estate has reached 1% again. After this reduction, Caixin real estate holds 476920410 shares of the company, accounting for 43.34% of the total share capital of the company. In accordance with the relevant provisions of the securities law of the people’s Republic of China, the guidelines for self regulatory supervision of listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board, and the detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange, the relevant information is hereby announced as follows:

1、 Changes in equity this time

1. Basic information

Information disclosure obligor: Chongqing Caixin Real Estate Development Group Co., Ltd

Address: Building 1, No. 1, Honghuang Road, Hegou, Hongqi, Jiangbei District, Chongqing

Changes in equity from April 21, 2022 to April 22, 2022

Stock abbreviation Casin Real Estate Development Group Co.Ltd(000838) Stock Code: Casin Real Estate Development Group Co.Ltd(000838)

Change type

(more □ fewer persons acting in concert □ none)

(optional)

Whether it is the largest shareholder or actual controller or not □

2. Changes in equity this time

Type of shares (A shares, B shares) number of shares (shares) reduction proportion (%)

Etc.)

A shares 150 Ping An Bank Co.Ltd(000001) .36%

Total 150 Ping An Bank Co.Ltd(000001) .36%

The way of equity change this time (centralized trading through the stock exchange □

Multiple choice) block trading through the stock exchange

Others □ (please specify)

3. Shares of listed companies owned by investors and persons acting in concert before and after the change

Shares held before this change shares held after this change

Nature of shares in total share capital proportion in total share capital proportion number of shares (shares) (%) number of shares (shares) (%)

Total shares held: 49192041044.70% 47692041043.34%

Including: shares with unlimited sales conditions 44522409540.46% 43022409539.09%

Shares with limited sales conditions 466963154.24%

4. Implementation of commitments, plans, etc

Yes no □

Casin Real Estate Development Group Co.Ltd(000838) (hereinafter referred to as “the company”) was posted on cninfo.com on March 8, 2022( http://www.cn.info.com.cn. )Whether the disclosure of this change is to fulfill the pre disclosure announcement on the share reduction plan of controlling shareholders (Announcement No.: commitment, intention, plan 2022009), Chongqing Caixin Real Estate Development Group Co., Ltd. (hereinafter referred to as “caishuxin real estate”) plans to reduce Casin Real Estate Development Group Co.Ltd(000838) shares by block trading within 6 months after 15 trading days from the disclosure date of the reduction announcement (accounting for 4.00% of the total share capital of the company), The reduction of Casin Real Estate Development Group Co.Ltd(000838) shares through centralized bidding shall not exceed 22009243 shares (accounting for 2.00% of the total share capital of the company), and the total reduction shall not exceed 66027729 shares (accounting for 6.00% of the total share capital of the company).

Is there any violation of the securities law and the regulations of Listed Companies in this change

Acquisition management measures and other laws yes □ no

Laws, administrative regulations and departmental regulations. If yes, please explain the specific situation, rectification plan and treatment measures of the violation. Chapter 5, normative documents and business rules of the exchange Shares with restricted voting rights

In accordance with Article 60 of the securities law yes □ no

Whether the provisions of Article 3 exist. If so, please explain the proportion of the corresponding number of shares in the share capital of the existing listed company. Non voting shares 6 Documents for reference 1. Details of shareholding changes of China Securities Depository and Clearing Co., Ltd. □ 2. Relevant written commitment documents □ 3. Written opinions of lawyers □ 4. Other documents required by Shenzhen Stock Exchange

Note: the difference in mantissa between the sum of the total and the detailed figures in the above table is caused by rounding

Yes.

2、 Other information

1. This reduction complies with the securities law of the people’s Republic of China and the regulations on the acquisition of listed companies

Management measures, several provisions on the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies, stock listing rules of Shenzhen Stock Exchange, self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board, implementation rules for the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange and other relevant laws, regulations and normative documents.

2. The implementation of this share reduction plan will not lead to the change of the company’s control, and will not have a significant impact on the company’s governance structure, equity structure and future sustainable production and operation.

3. The share reduction plan of Caixin real estate has not been implemented yet. Within the pre disclosed reduction time range, it will choose whether to continue to implement the above-mentioned share reduction plan according to its own capital demand, market conditions and other factors, and the subsequent implementation is uncertain.

4. The company will continue to pay attention to the progress of the implementation of the share reduction plan of Caixin real estate, and timely fulfill the obligation of information disclosure in accordance with the provisions of relevant laws and regulations. Please invest rationally and pay attention to investment risks.

It is hereby announced.

Casin Real Estate Development Group Co.Ltd(000838) board of directors April 25, 2022

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