Announcement on Trading Suspension Due to the Planned Asset Acquisition via Share Issuance and Supporting Fundraising

About this update from Quzhou Xin'an Development Co.,ltd. Class A

The company is currently planning relevant significant matters. In accordance with relevant regulations, an application has been made to suspend trading of the company's shares starting from the market opening on July 30, 2025. The suspension is expected to last no more than 10 trading days.The abstract is for reference only. Please refer to the full text of the announcement on the very day.Link of Full Text for Reference: View Attachment

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