Rongsheng Real Estate Development Co. Ltd.'s second phase of 2020 medium-term notes (bond abbreviation: 20 Rongsheng Real Estate MTN002, bond code: 102001469) shall pay interest of CNY 14,957,376.00 on March 6, 2024. As of March 6, 2024, the issuer failed to pay the above interest in full and on schedule.