China Greenland Broad Greenstate Group Company Limited announced that according to the terms and conditions of the Notes, Greenland Financial has served an extension notice and the company has acknowledged and agreed to such Extension Notice, whereby the Maturity Date of the Notes shall be extended by one calendar year from 15 January 2019 to 15 January 2020. The Directors consider that it is in the best interests of the Company and the Shareholders as a whole to agree the extension of the Maturity Date. All other terms and conditions of the Notes shall remain in full force and in effect. As at the date of this announcement, the Notes in the principal amount of $40,000,000 remain outstanding.