000838SZSE
🚨 Material Event

Announcement on the Continued Suspension of Company Shares

ST Development Co., Ltd.··2 pages

✨ AI Summary

The company announced the continued suspension of its shares from August 5, 2026, for up to three trading days. This is due to ongoing uncertainties in the pre-restructuring investor selection process. The company aims to ensure fair information disclosure and prevent abnormal stock price fluctuations. Investors are advised to be aware of investment risks.

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Full Translation

AI Translation· gemini_document

Securities Code: 000838

Securities Abbreviation: *ST Development

Announcement Number: 2026-046

Xingxin Real Estate Development Group Co., Ltd.

Announcement on the Continued Suspension of Company Shares

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Special Reminder:

  1. The selection of a pre-restructuring investor for Xingxin Real Estate Development Group Co., Ltd. (hereinafter referred to as the "Company") is still in progress, and this matter is subject to uncertainty. Upon application by the Company to the Shenzhen Stock Exchange, the Company's shares (Securities Abbreviation: *ST Development, Securities Code: 000838) will continue to be suspended from trading starting from the opening of trading on August 5, 2026 (Wednesday), with an expected suspension period not exceeding 3 trading days.

  2. The matter of selecting a pre-restructuring investor is still subject to uncertainty. Investors are kindly requested to pay attention to investment risks.

I. Overview of Suspension of Trading

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