*ST Development: The company's stock will remain suspended from trading for no more than 3 trading days starting from August 5.

The announcement from *ST Development states that the selection process for the company's pre-restructuring investors is still ongoing, and the final investors have not yet been determined. It is expected that the stock will not resume trading starting from August 5. Upon application, the company's stock will continue to be suspended from trading starting August 5, with the suspension expected not to exceed three trading days. During the suspension period, the company will promptly disclose any progress, and once matters are confirmed, it will apply for resumption of trading.