In response to support Shenzhen Municipal Government to resist the outbreak of Coronavirus at this critical moment, Realord Group Holdings Limited (“Realord Group” or the “Company”) has decided to offer tenants a rent reduction of the two industrial properties located in Shenzhen Longhua District according to the delay work resumption period.

People’s Government of Guangdong Province has initiated a first-level public health emergency response mechanism, and published the notice to delay the resumption of work and school to after February 9.

In views of the fact that the lessees of Guan Zhang Industrial property and Zhangkengjing property are the manufacturing enterprises with a large number of employees, and the current severe epidemic situation may influence to those enterprises to a certain extent. In order to further support to them for precaution, Realord Group decided to exempt tenants’ rents during the period from February 1, 2020 to February 9, 2020.

The precaution is a must. As a public listed company, Realord Group definitely fulfils its corporate social responsibility, and proactively responds to the Government’s request, and is willing to contribute to the economic and social development in Longhua District, so as to overcome the current difficulties.