KE Holdings Inc. Updates Foreign Portfolio Status Accountable Companies Act

BEIJING, April 21, 2022–(BUSINESS WIRE)–KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today updates its status under the Foreign Holding Companies Accountability Act (the “HFCAA”).

The Company is aware that it has been identified by the Securities and Exchange Commission of the United States (the “SEC”) under the HFCAA April 21, 2022. The Company understands that this identification under and HFCAA its implementing rules issued under this indicate that the SEC determines that the Company has used a firm of registered accountants whose work documents may be inspected or investigated fully by the Public Company accounting Oversight Board of the United States (the “PCAOB”) to issue the audit opinion of its financial statements for fiscal year ended December 31, 2021.

According to HFCAA, the SEC will prohibit the actions of a company or depository US stocks are traded on a US stock exchange or over the counter-counter market in the United States if the company has been identified by the SEC for three years consecutive due to the inability of the PCAOB to inspect the working paper of the registered accountants firm linked to this company.

The company actively explores possible solutions to protect the interests of its stakeholders. The Company will continue to comply with applicable laws and regulations in China and the United States, and we strive to maintain its listed status on the New York Stock Exchange.

About KE Holdings Inc.

KE Holdings Inc. is an integrated online and offline platform for housing and services transactions. The company is a pioneer in building industry infrastructure and standards in China Reinventing how service providers and accommodation customers efficiently navigate and consume accommodation operations, ranging from new and existing sales of houses, rental of houses, renovation and furnishing, and other services. The company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With over 20 years of operating experience by Lianjia since its establishment in 2001, the company believes that the success and proven track record of Lianjia paves the way to build industry infrastructure and standards and drive rapid growth. and durable of the Beike.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as ” will “,” “anticipate”, anticipates “,” targets “,” future “,” intends “,” plans “,” believes “,” estimates “,” may “and similar statements. Among other things, the business outlook and quotations from management in this press release, as well as strategic and operational plans of Beike, contain forward-looking statements. Beike may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, press releases and other written materials and in oral statements made by its officers, administrate sisters or employees to third parties. Statements that are not historical facts, including statements about the beliefs of KE Holdings Inc. plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ from those contained in the forward-looking statements, including, but not limited to, the following: the objectives and strategies of Beike; the future business development of Beike, financial condition and results of operations; expected changes in revenues, costs or expenses of the Company; Beike’s ability to enable service and facilitate transactions on the platform Beike; competition in our industry; relevant government policies and regulations relating to our industry; Beike’s ability to protect systems and the company’s infrastructure to cyber attacks; Beike dependence on the integrity of brokerage brands, shops and agents on the platform of the Company; general economic and business conditions in China and globally; and the assumptions underlying or relating to the above. Additional information regarding these and other risks is included in the documents filed by KE Holdings Inc. with the SEC. All information provided in this press release is the date of this press release, and KE Holdings Inc. makes no commitment to update any forward-looking statement, except as required by applicable law.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220421006187/en/

contacts

For investor and media inquiries, please contact:

In China:
KE Holdings Inc.
Investor Relations
Matthew Zhao
Site selection
Email: [email protected]

Piacente Group, Inc.
Song Yang
Tel: +86-10-6508-0677
Email: [email protected]

In the USA:
Piacente Group, Inc.
Brandi Piecente
Tel: +1-212-481-2050
Email: [email protected]

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