Guangzhou Metro Design & Research Institute (003013.SZ) plans to raise funds to acquire 100% equity of a construction consulting company and will suspend trading from January 7th.

Announcement from Guangzhou Metro Design & Research Institute (003013.SZ): In order to promote the high-quality development of the listed company, the company is planning to issue shares to purchase 100% equity of Guangzhou Metro Engineering Consulting Co., Ltd. (referred to as "Engineering Consulting Company" or "target company") held by Guangzhou Metro Group Limited (referred to as "Guangzhou Metro Group") and raise supporting funds. This transaction is expected to not constitute a major asset restructuring or a restructuring for listing. Guangzhou Metro Group is the controlling shareholder of the company, and this transaction constitutes a related party transaction. Due to the uncertainties of the relevant matters, in order to protect the interests of investors and avoid causing significant impact on the trading of the company's securities, in accordance with the relevant regulations of the Shenzhen Stock Exchange, the company has applied for the suspension of trading of its securities (type: A shares, abbreviated as Guangzhou Metro Design & Research Institute, code: 003013) starting from the opening of the market on January 7, 2025.