Recent Updates — NTPIF

Nam Tai Property Inc. subsidiary Zastron Electronic closed and fully drew down a previously announced RMB 700 million, 15-year fixed asset loan facility with Ping An Bank on October 16, 2026. The new financing carries a fixed annual interest rate of 3.5%, an 80-basis-point reduction from the previous 4.3% rate held with China CITIC Bank. The company used the proceeds to repay the existing loan and complete collateral release procedures. Nam Tai Property Inc. owns and operates commercial real estate projects in China.

Nam Tai Property Inc. reported a consolidated net loss of $2.9 million for the second quarter ended June 30, 2026, compared to net income of $13.7 million in the prior year period. Revenue declined 65% to $4.9 million due to lower residential unit deliveries at Nam Tai • Longxi and challenging market conditions. The company secured RMB 740 million ($103 million) in new onshore financing, including a RMB 700 million fixed-asset loan from Ping An Bank for the Nam Tai Inno Park project and a RMB 40 million credit facility for the Qianhai project. Construction of the Nam Tai Technology Center is ongoing with completion expected later in 2026. The filing also details pending litigation regarding a general contractor dispute at Nam Tai • Longxi, which has resulted in court-ordered freezes on certain residential units, and two arbitration notices concerning staged mortgage guarantees totaling approximately $0.6 million. Nam Tai Property Inc. owns and operates commercial real estate projects across the People’s Republic of China.

Nam Tai Property Inc. announced two onshore financing transactions totaling RMB 740 million to strengthen its capital structure. A subsidiary entered into a RMB 700 million 15-year fixed asset loan with Ping An Bank at a 3.5% fixed annual interest rate to refinance the Inno Park project. Additionally, a subsidiary closed a RMB 40 million five-year non-revolving credit facility with Shenzhen Rural Commercial Bank at a 3.6% fixed annual interest rate for the Qianhai project. Nam Tai Property Inc. operates in the commercial real estate industry, owning and operating industrial complex projects and residential properties in China.