In the first half of 2015, HHP assisted Yunnan Jingdian Real Estate Development Group Co., Ltd. (“Jingdian Group”) in completely liquidating its debts borrowed from non-financial institutions by executing debt settlement agreements with almost all of the non-financial institution creditors with the aggregate amount of RMB 10.412 billion. Currently, the non-financial institution creditors representing around 98% of the total debts have reached reconciliation with Jingdian Group through repayment term extension or debt-to-equity conversion to realize the debt restructuring. After the debt restructuring, the creditors organizing the restructuring has acquired the majority equity interest of Jingdian Group and become its controlling shareholders.