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Xinhaiyi suspends trading and plans to clarify reports on hidden related transactions

Xinhaiyi issued an announcement in the evening stating that in view of the media publishing reports related to the company on August 12, in accordance with relevant regulations and the company's application to the Shenzhen Stock Exchange, the company's shares have been suspended from the opening of the market on August 12, 2014, and will be resumed after the company discloses a clarification announcement through the designated media.