RiseSun Real Estate Development Co.,Ltd announced that Reference is made to the announcement dated September 17, 2023 (the "Announcement") in relation to the consent solicitation relating to the 2023 Notes (9.5% SENIOR NOTES DUE 2023) and the 2024 Notes (9.5% SENIOR NOTES DUE 2024). Capitalized terms used herein and not otherwise defined shall have the same meanings as those defined in the Announcement, the Consent Solicitation Statement and the supplemental consent solicitation statement dated September 22, 2023 in relation to the Consent Solicitation (the "Supplemental Consent Solicitation Statement"), as the case may be. Extension of Expiration Deadline: The Company hereby notifies its extension of the Expiration Deadline from 4:00 p.m., London Time, on September 27, 2023 to 11 a.m., London Time, on September 28, 2023.

Modifications to Terms of the Proposed Amendments: The Company hereby notifies that it wishes to amend certain terms of the Proposed Amendments, including, among others, the provisions on principal instalments payment, provisions on Additional Credit Enhancement Projects Sale, provisions on limitation on payment of Onshore Corporate Bonds, and provisions on replacement of Trustee.