XIWANG PROPERTY (02088): Negotiations between the administrator and potential third-party buyers are still ongoing.

XIANG PROPERTY (02088) announced that, as of the date of this announcement, according to the confirmation of the liquidator, (1) as stated in the monthly updates, negotiations between the liquidator and potential third-party buyers are still ongoing; (2) the liquidator is currently in discussions with a new potential third-party buyer; (3) the liquidator is actively seeking other potential buyers; and (4) the liquidator has not yet entered into any formal or legally binding agreements with any third-party buyers regarding the purchase or sale of pledged shares.