Zhejiang Aokang Shoes Co., Ltd. Class ASSE: 603001

Announcement on Termination of Issuing Shares to Purchase Assets and Resumption of Trading

· Issued by Zhejiang Aokang Shoes Co., Ltd. Class A via Shanghai Stock Exchange
Due to the termination of the asset purchase agreement using share issuance, upon the application by Zhejiang Aokang Shoes Co., Ltd. to the Shanghai Stock Exchange, the Company's stock will resume trading on January 8, 2025, from the market opening.

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