Wuhan Sanzhen Industry Holding Co., Ltd. Class ASSE: 600168

Announcement on Suspension of Trading Due to Proposed Shares Issuance and Cash Payment to Purchase Assets and Raise Supporting Funds and Related Party Transaction

· Issued by Wuhan Sanzhen Industry Holding Co., Ltd. Class A via Shanghai Stock Exchange
Wuhan Sanzhen Industrial Holdings Co., Ltd. received a written notice from Wuhan Urban Construction Investment and Development Group Co., Ltd. that the Group is planning to purchase 100% equity of Wuhan Municipal Engineering Design & Research Institute Co., Ltd. by issuing shares and paying part of cash and raise supporting funds.
In accordance with relevant regulations, upon the Company's application, trading of the Company's stock will be suspended from the market opening on February 21, 2025, with an expected suspension period not exceeding 10 trading days.

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