The board of Guixin Group (08349) has issued an announcement informing shareholders that the company is currently awaiting the appointment of an independent investigation firm to conduct a forensic investigation and an independent internal control consultant, while maintaining ongoing communication with relevant authorities in China and Chinese legal counsel regarding the progress of the matter, and will publish further announcements as appropriate.

Guixin Group is an investment holding company. The group's principal businesses consist of (i) research, development, production and sale of fiberglass reinforced plastic products; and (ii) sale of industrial silica sand materials in China.

As of the date of this announcement, notwithstanding the suspension of trading of the company's shares, apart from the temporary suspension of operations at the group's two principal operating subsidiaries, namely Guogui New Materials (Inner Mongolia) Co., Ltd. and Hubei Aoxun New Material Technology Co., Ltd., all other business operations of the group continue substantially as normal in all material respects.

At the company's request, trading in its shares on the Stock Exchange has been suspended since 9:00 a.m. on March 27, 2026, and will remain suspended pending the publication of the 2025 annual results, dispatch of the 2025 annual report, publication of the 2026 interim results announcement, dispatch of the 2026 interim report, and the release of announcements concerning inside information of the company.