ZOD: Major asset restructuring plan disclosed, the company will resume trading on September 3, 2025

ZOD announced that the company is planning to issue A-shares to all shareholders in exchange for a share swap merger with Zhejiang Hu-Hang-Yong. As this transaction is still in the planning stage, there are significant uncertainties regarding the related matters. ZOD will be suspended from trading starting August 20, 2025, and will resume trading on September 3, 2025. The company held a board meeting on September 2, 2025, where relevant proposals were approved. The related work, including auditing and valuation, has not yet been completed, and a shareholders' meeting will not be convened to discuss the transaction at this time. The transaction plan still requires approval from the company's board of directors and shareholders' meeting, as well as obtaining the necessary approvals, authorizations, or consents, which presents uncertainties. Investors should be aware of the associated risks