Xinyuan Real Estate Co., Ltd. announced that the settlement of the Exchange Offer and the issuance of the New Notes has been completed on August 18, 2023. On August 18, 2023, $307,363,580 of the total aggregate outstanding principal amount of the Existing Notes were exchanged and the Company delivered the New Notes in the aggregate principal amount of $331,303,941 and made a payment of Consent Fees in cash in the amount of $1,536,863.12 in full satisfaction of the Exchange Consideration to the Eligible Holders whose Existing Notes have been validly tendered and accepted for exchange.