On 12 March 2026, Sino-Ocean Group Holding Limited (stock code: 03377) released inside information concerning its wholly-owned subsidiary, Beijing Sino-Ocean Group Holding Limited (“Sino-Ocean Holding”), detailing the latest debt and litigation status.

Sino-Ocean Holding’s overdue borrowing principal stood at RMB16.78 billion as of 28 February 2026, unchanged from the prior month. The figure is preliminary and unaudited, with the final amount subject to audited results.

The subsidiary recorded no new major litigations during February 2026. Updates on existing litigation proceedings are available in Sino-Ocean Holding’s announcement on the Shanghai Stock Exchange website.

Management noted that the outstanding debt and ongoing litigation could negatively affect the subsidiary’s operations and repayment capacity, although daily management, corporate governance, and production activities remain normal. Sino-Ocean Holding is in active discussions with creditors to pursue a comprehensive resolution plan and will continue to meet its disclosure obligations.

Shareholders, holders of the Group’s debt securities, and potential investors are advised to exercise caution when dealing in the Company’s securities and to seek professional advice if in doubt.