RiseSun Real Estate and CREA to partner on property sales platform

RiseSun Real Estate Development Co. and the China Real Estate Association (CREA) have signed a memorandum of cooperation to jointly promote and sell RiseSun's available properties through CREA's platform. This collaboration aims to expand market reach and enhance benefits for both parties, leveraging principles of equality, voluntary participation, complementary strengths, and mutual benefit. CREA will offer platform display, market promotion, and customer matching services, while RiseSun will provide eligible property listings.

This memorandum serves as a framework guiding long-term cooperation, with specific future collaborations requiring further approval and information disclosure. The agreement does not involve concrete projects or financial figures currently and is not expected to significantly impact RiseSun Real Estate's operating results for the current year. It also will not affect the company's business independence or create reliance on CREA.

The signing of this agreement supports RiseSun's strategic plan to actively expand its market presence and aligns with the interests of all shareholders. The cooperation is a preliminary intent and does not constitute a binding legal obligation, with future implementation subject to negotiation and potential risks from policy changes, economic conditions, or unforeseen circumstances.