000838SZSE

Announcement on Abnormal Stock Trading Fluctuations

ST Development Co., Ltd.··3 pages

✨ AI Summary

This announcement addresses abnormal stock trading fluctuations for *ST Development, with its stock price falling by over 12% on June 18 and 22, 2026. The company has investigated and confirmed no undisclosed material information or significant recent events impacting its stock. It also disclosed its 2025 annual and 2026 Q1 reports.

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Securities Code: 000838 Securities Abbreviation: *ST Development Announcement No.: 2026-031

CAIXIN REAL ESTATE DEVELOPMENT GROUP CO., LTD. Announcement on Abnormal Stock Trading Fluctuations

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

I. Situation of Abnormal Stock Trading Fluctuations

The stock of CAIXIN REAL ESTATE DEVELOPMENT GROUP CO., LTD. (hereinafter referred to as the "Company") (Securities Abbreviation: *ST Development; Securities Code: 000838) experienced a cumulative deviation from its closing price limit of over 12% on June 18 and 22, 2026, for two consecutive trading days. In accordance with the relevant provisions of the "Trading Rules of Shenzhen Stock Exchange," this constitutes abnormal stock trading fluctuations.

II. Company's Attention and Verification Statement

In response to the abnormal stock trading fluctuations, the Company has investigated relevant matters and inquired in writing with the Company's management, controlling shareholder, and actual controller. The relevant situation is as follows:

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