XINYUAN PM (01895) has announced that Mr. Wang Yantao has been removed from his position as President of the Group's Property Management Division, effective May 29, 2026. The Board of Directors noted that Mr. Wang participated in certain external communication activities during his employment, and the release of some of the content, documents, and materials involved was not approved through the company's proper internal authorization procedures. The company hereby clarifies that any statements, meeting minutes, communications, or materials not formally authorized do not represent the position or opinions of the company or its subsidiaries. The company has always placed great importance on corporate governance and internal controls and will continue to review and strengthen its internal governance and authorization systems to protect the overall interests of the company and its shareholders.