China Rare Earth (000831.SZ): Work related to restructuring is being actively promoted and trading continues to be suspended

According to the Zhitong Finance App, China Rare Earth (000831.SZ) announced that the company is planning to purchase shares of Zhongxi (Liangshan) Rare Earth Co., Ltd. (hereinafter referred to as “Zhongxi Liangshan”) by issuing shares and raise supporting capital. As of the disclosure date of this announcement, the company and all parties concerned are actively promoting the work related to this transaction, negotiating the transaction plan and preparing the transaction plan. Since there is still uncertainty about the above matters, in order to protect investors' interests and avoid significant impact on the company's securities transactions, trading of the company's shares will continue to be suspended in accordance with the relevant regulations of the Shenzhen Stock Exchange.