Zhongdaan Terminates Private Share Placement

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Zhongdaan announced it has decided to terminate the private share placement and will apply to the Shenzhen Stock Exchange to withdraw all application documents. The company said the decision was made after careful analysis based on multiple factors including the current capital market environment, the company's actual situation, and its development plans. All production and operating activities are proceeding normally, and the termination will not have a material adverse impact on normal operations.

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SinoDaan Co Ltd
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Termination of private placement, but no material adverse impact on operations stated.

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