Risesun Real Estate Development Co Ltd

RiseSun Real Estate Development announced that some directors and senior executives have been increasing their holdings of company shares through competitive bidding on the secondary market since June 30, 2026. As of July 22, 2026, they had cumulatively increased holdings by 4.6962 million shares, representing 0.1080% of the company's total share capital, with a total increase amount of 5.0544 million yuan. Among them, Vice Chairman and Director Zou Jiali increased holdings by 1.66 million shares, with an amount of approximately 1.7652 million yuan; Vice President Wang Bing increased holdings by 1.3784 million shares, with an amount of approximately 1.4998 million yuan; Director and Board Secretary Long Xiaokang increased holdings by 1.1661 million shares, with an amount of approximately 1.2526 million yuan. Director and President Wu Qiuyun, Director, Vice President, and Chief Financial Officer Mu Yang, and Vice President Wang Xiaohui also participated in this increase. After the increase, the relevant personnel collectively hold 26.8862 million shares of the company, with their shareholding ratio rising to 0.6183%.

Six directors, supervisors, and senior executives of RiseSun Real Estate plan to increase their holdings of company shares within three months starting June 30, at a price not exceeding 1.20 yuan per share, with a total amount of no less than 15 million yuan and no more than 20 million yuan. This share increase includes core management such as the vice chairman, board secretary, and vice president, and the funding sources have been secured in advance. The announcement does not contain the usual risk warning about funds possibly not being available in time. After the increase, the personal interests of management will be directly tied to the company's long-term operations and share price performance. The company stated this will force the team to accelerate the revitalization of existing assets, strictly control operating costs, and advance debt resolution. Recently, several real estate companies have also launched share support actions. Shanghai Chengtou Holding plans to repurchase shares worth 50 million to 100 million yuan, and Huafa Industrial has completed a 310 million yuan share repurchase. RiseSun Real Estate's first-quarter revenue fell 55.65 percent year-on-year, with a net loss of 659 million yuan. Since the beginning of this year, it has extended 459 million yuan in financial debt, resolved 155 million yuan in financial debt principal, reduced or waived interest of 382 million yuan, and completed 706 million yuan in operating debt resolution. It is also exploring second growth curves such as property service intelligent robots.