ZCIGC: Applied to the Shenzhen Stock Exchange for the resumption of review for issuing shares to purchase assets and raising matching funds

ZCIGC announced that the company intends to purchase 13.05%, 24.73%, and 24.78% equity stakes in Zhejiang Construction No. 1, No. 2, and No. 3 through the issuance of shares to the GuoXin JianYuan Equity Investment Fund, and to raise supporting funds. On September 1, 2025, the Shenzhen Stock Exchange suspended the review of this transaction because the appraisal materials recorded in the transaction application documents had expired. As of the announcement date, the extended appraisal, extended audit, and updates to the application documents based on the reference date of June 30, 2025, have been completed, and the company has submitted an application to the Shenzhen Stock Exchange for the resumption of the review. This transaction is subject to approval by the Shenzhen Stock Exchange and registration consent from the China Securities Regulatory Commission before it can be implemented