ZHONGSHENG HLDG(00881): Unusual Stock Price and Trading Volume Fluctuations Resume Trading on November 12th.

ZHONGSHENG HLDG (00881) announced that the board of directors has noticed an increase in the company's stock price and trading volume in recent days, as well as news on the internet regarding potential cooperation in distributing new energy vehicles under Chongqing Sokon Industry Group Stock. The board of directors hereby points out that the company has signed a preliminary agreement with Chongqing Sokon Industry Group Stock to further negotiate on distributing their new energy vehicles. The announcement states that besides the aforementioned business opportunity, the company is not aware of any reasons that have caused the trading price and volume of the company's shares, or any information that must be disclosed to prevent the occurrence of false market in the company's securities, or any insider information that must be disclosed under the Securities and Futures Ordinance of Chapter 571 of the Hong Kong laws. Furthermore, the company has applied to the Stock Exchange for the resumption of trading of the company's shares (stock code: 881) and debt securities (stock codes: 5138, 40224, and 40529) starting from 9:00 am on November 12, 2024.