China Aoyuan Group Limited announced that on 15 January 2021, the Company and the Subsidiary Guarantors entered into a Purchase Agreement with J.P. Morgan and Deutsche Bank in connection with the New Money Issuance. Concurrently with the New Money Issuance, the Company has made an Exchange Offer to the holders of its Existing Notes. Pursuant to the New Money Issuance and the Exchange Offer, the Company will issue the Notes at par with a coupon rate at 4.2% per annum in an aggregate principal amount of USD 188,000,000, and the Notes to be issued pursuant to the Exchange Offer will be consolidated and form a single series with the Notes to be issued under the New Money Issuance. The issue date of the Notes will be 21 January 2021. The maturity date of the Notes will be 20 January 2022.