The board of directors of the Zhenro Properties Group Limited announced that, the Company has made further repurchase of the (i) 2022 Notes II in the principal amount of USD 1,000,000, representing 0.33% of the aggregate principal amount of the 2022 Notes II issued and (ii) 2022 Notes III in the principal amount of USD 3,550,000, representing 1.61% of the aggregate principal amount of the 2022 Notes III issued. Subject to the Board's discretion, the repurchased 2022 Notes II and 2022 Notes III may or may not be cancelled.