Regarding the recent media report on the case of "Weihua Construction Gorgeous Upstart Phase II" in Linkou, the company's erroneous report is hereby clarified as follows:

1. The building in this case is not mortgaged under the name of the company; the company is the trustee of the part of the building in this case, not the mortgagee, and the company is not the creditor of Weihua Construction.

2. The company acted as the trustee of the building trust in this case, and cooperated with the financing bank in the financing case of Weihua Construction. The sales and handover of the real estate in this case were not involved with the company.

3. The building trust in this case is a “self-benefiting trust” (that is, the trustor and the beneficiary are the same person). According to the law, when the trust ends, the trust property shall be returned to the original client, namely Weihua Construction; therefore, unless there are special provisions in law or relevant Unless the parties to the contract agree otherwise, the company has no right to transfer the property rights of the building in this case to a person other than Weihua Construction.

4. As mentioned above, our company is neither the creditor nor the mortgagee in this case, and the building trust undertaken by the company has nothing to do with the sale and handover of the house in this case. The company has nothing to do with the delivery of houses and other matters. Therefore, our company has never and will not claim that "Weihua Company must pay off the arrears before handing over the house". According to relevant reports, "the building in this case is mortgaged on East Asia Construction Economics" and "East Asia Construction Economics requires repayment." Otherwise, the house will not be handed over.” These are all false, and the company solemnly clarifies such false remarks and reserves the right of legal prosecution.

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