China Ocean Development (08047.HK): Has requested a review of the listing committee's decision to cancel its listing status.

Zhihong Finance APP reported that China Ocean Development (08047.HK) announced that it received a letter from the Stock Exchange dated July 31, 2026, notifying the company that the Listing Committee of the Stock Exchange would review the resumption of trading and listing status of the company on July 30, 2026. The Listing Committee has decided to cancel the company's listing status in accordance with GEM Listing Rule 9.14A, due to the company's failure to meet all resumption guidance and the continued suspension of share trading. The letter indicated that unless the company applies for a review of this decision under Chapter 4 of the GEM Listing Rules, the last listing date for the shares will be August 14, 2026, and the listing status of the shares will be canceled from 9:00 AM on August 17, 2026. The company's management has submitted an application in accordance with Chapter 4 of the GEM Listing Rules, requesting that the decision be reviewed by the Listing Review Committee. The company is currently seeking professional advice and considering this decision. The board of directors hereby reminds shareholders and potential investors that if a review is conducted, the outcome of the review is uncertain.