Bright Real Estate Group Co. Ltd. Class ASSE: 600708

Announcement on Progress in the Wholly-owned Subsidiary, Shanghai Agricultural Industry Commerce Huadu Industrial (Group) Co., Ltd., to Publicly List for Transfer via the Shanghai United Assets and Equity Exchange Its 60% Equity Interest and Corresponding Claims in Shanghai Jinru Real Estate Co., Ltd.

· Issued by Bright Real Estate Group Co. Ltd. Class A via Shanghai Stock Exchange
Announcement on Progress in the Wholly-owned Subsidiary, Shanghai Agricultural Industry Commerce Huadu Industrial (Group) Co., Ltd., to Publicly List for Transfer via the Shanghai United Assets and Equity Exchange Its 60% Equity Interest and Corresponding Claims in Shanghai Jinru Real Estate Co., Ltd.

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