Zhitong Finance App News, *ST Development (000838.SZ) issued an announcement. The work related to the selection of investors for the company's pre-restructuring is still ongoing. The final investors have not yet been determined, and the company does not expect to resume trading from the opening of the market on August 5, 2026 (Wednesday). In view of the major uncertainties in the above matters, after applying to the Shenzhen Stock Exchange, trading of the company's shares will continue to be suspended since the opening of the market on August 5, 2026 (Wednesday). The suspension period is expected to be no more than 3 trading days.

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