Sino-Ocean Group Holding Limited announced that its wholly owned subsidiary, Beijing Sino-Ocean Group Holding Limited (“Sino-Ocean Holding”), reported continued pressure on liquidity and legal exposure as of 31 May 2026.

Key debt metrics • Overdue borrowings stood at RMB17.37 billion, down slightly from RMB18.16 billion at end-2025. • Composition of the overdue balance: – Bank loans: RMB5.21 billion – Public-market financing: RMB3.39 billion – Entrusted loans: RMB3.63 billion – Non-bank institutions and accrued interest: RMB5.14 billion

Sino-Ocean Holding stated that no incremental overdue amounts arose in May 2026 and that the figures remain preliminary and unaudited.

Litigation exposure As at end-May 2026, major creditor-initiated lawsuits involved amounts ranging from RMB368.00 million to RMB3.37 billion, reflecting ongoing disputes linked to the subsidiary’s borrowings.

Operational impact and measures Management acknowledged that the overdue debt and litigation pose “a certain adverse impact” on production, operations and repayment capacity. Nonetheless, day-to-day management and corporate governance are described as normal. The subsidiary is negotiating with creditors to pursue a comprehensive restructuring solution and has committed to timely disclosure of further developments.

Investors and noteholders are advised to exercise caution and refer to future announcements for updates.