LOGAN GROUP (03380) has announced its financial results for the year ended December 31, 2025. During the period, the group achieved revenue of 6.306 billion yuan, with equity contract sales amounting to 4.78 billion yuan.

Facing severe industry pressures and market challenges, the group actively adapted by optimizing its operational strategies and strengthening sales execution and cash collection measures to ensure stable production and the smooth delivery of projects. In 2025, the group completed project deliveries in 21 batches, demonstrating its commitment to fulfilling corporate promises and showcasing a sense of responsibility amid industry difficulties.

Regarding offshore debt restructuring, on January 10, 2025, the group signed a comprehensive creditor support agreement with a creditor group for the overall restructuring plan of its offshore debt. On September 10, 2025, the group entered into an amended agreement with the creditor group, introducing an innovative asset trust debt-for-equity option. This initiative aims to stabilize the value of domestic and overseas assets and further protect creditors' interests.

As of September 24, 2025, consenting creditors holding more than 80% of the total principal amount of the company's offshore debt have joined the amended comprehensive creditor support agreement. The company will accelerate the implementation of the offshore debt restructuring plan to restore a sustainable long-term capital structure and safeguard the interests of all stakeholders.

Moving forward, the group will continue to focus on both operational management and debt resolution. On one hand, it will take proactive measures to ensure operational stability and quality project delivery while maintaining risk control. On the other hand, the group will make every effort to complete the restructuring of domestic and offshore debt as quickly as possible, rebuild its capital structure, and gradually resume normal business operations.