Maoye International (HKG:0848) announced that its Shenzhen-listed subsidiary, Qinhuangdao Bohai Logistics Holding Corporation Ltd. (Bohai Logistics), is still in the process of conducting audit and valuation work and discussing issues in relation to the reorganisation proposal.

Since there exists uncertainty in relation to the asset reorganisation, suspension of trading of the securities of Bohai Logistics will continue, after having obtained approval for the relevant application in accordance with the relevant requirements of the Shenzhen Stock Exchange.