bestonlineslotsrealmoneynodeposit| Xintian Real Estate Group (00760.HK) proposes capital reorganization

Gelonghui May 10, Xintian Real Estate Group (00760Bestonlineslotsrealmoneynodeposit.HK) announcementBestonlineslotsrealmoneynodepositThe board of directors hereby announces that the company proposes to carry out and implement a share capital restructuring, which will involve the following steps: (a) capital reduction, which will involve the cancellation of the paid-in share capital of 0 per issued share of the companyBestonlineslotsrealmoneynodeposit.07 Hong Kong dollars to reduce the issued share capital of the company, resulting in a reduction in the nominal value of each issued share from HK $0.08 to HK $0.01Bestonlineslotsrealmoneynodeposit(B) pending and immediately following the reduction in share capital, the share split, which will involve the split of one unissued share of HK $0.08 each in the share capital of the company into eight unissued new shares of HK $0.01 each; (c) the reduction of the share premium, which will involve writing off all credits to zero in the company's share premium account. And (d) contributed surplus credit, which will involve the transfer of credit arising from equity reduction and share premium reduction to contributed surplus account and authorizes the Board to apply contributed surplus account credit in any manner which may be permitted by the Bye-laws, the Company Law and all applicable laws, including, without limitation, offsetting or offsetting the Company's accumulated losses from time to time.

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