*ST Development (000838.SZ): The relevant work for selecting pre-restructuring investors is still ongoing. Stock continues to be suspended.

Zhizhong Finance APP reported that *ST Development (000838.SZ) announced that the relevant work for the selection of pre-restructuring investors is still ongoing, and the final investors have not yet been determined. The company expects that it will be unable to resume trading when the market opens on August 5, 2026 (Wednesday). In light of the significant uncertainties surrounding the above matters, the company has applied to the Shenzhen Stock Exchange for its stock to continue to be suspended from trading starting August 5, 2026 (Wednesday), with the expected suspension period not exceeding three trading days.