Stock Code: 000553(200553) Stock Abbreviation: ADAMA A (B) NO. 2024-49



                              ADAMA Ltd.
       Announcement on Abnormal Stock Trading
                    Fluctuations

 The Company and all members of the Company’s Board of Directors confirm that
 all information disclosed herein is true, accurate and complete, with no false or
 misleading statement or material omission.




I.     Overview about the Abnormal Stock Trading Fluctuations

      The A-share of ADAMA Ltd. (hereinafter referred to as the

“Company”, stock abbreviation: ADAMA A and stock code: 000553)

experienced abnormal stock trading fluctuations defined in relevant

provisions of Shenzhen Stock Exchange, which, to be specific, relates to a

cumulative deviation of more than 20% when comparing its closing price

decline with Shenzhen Composite Index for the past three consecutive

trading days from October 30th to November 1st, 2024.



II.    Notes of the Company after Verifying Relevant Situation

      In response to the abnormal fluctuation of the stock price, the Board

of Directors of the Company has conducted a comprehensive self-

examination and verified with the controlling shareholder and the actual

controller in respect of relevant situation. The following information is

hereby provided.
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1. There is no information disclosed by the Company in the previous

period in need of correction and supplement.

2. As of the disclosure date of this Announcement, the Company has not

found any recent coverage by any mass media on undisclosed information

of material significance that may have or has had any substantive impact

on its trading stock price.

3. There is neither material change to the Company's operation nor in the

internal and external business environment recently.

4. The Company, its controlling shareholder and the actual controller do

not have any material matters concerning itself that should be disclosed but

have not been disclosed.

5. Neither the controlling shareholder nor the actual controller of the

Company has traded its shares during the period of abnormal stock

fluctuations.

6. After confirmation with its controlling shareholder and the actual

controller, they did not plan any transaction between the Company and the

controlling shareholder that would constitute material asset restructuring

or acquisition of assets by share issuance of the Company. The Company,

its controlling shareholder and the actual controller promise that they will

not plan any transaction between the Company and the controlling

shareholder within the next three months that constitutes material asset

restructuring or acquisition of the controlling shareholder’s assets by share

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issuance of the Company.



III. Explanation about Whether there is any Information that should

be Disclosed but has not been Disclosed.

     The Board of Directors of the Company confirms that currently, it

does not have any matter that should be disclosed but has not been

disclosed in accordance with provisions of the Rules Governing the Listing

of Stocks of the Shenzhen Stock Exchange, or any planning, negotiation,

intention or agreement relating to such matter.

     The Board of Directors has not learnt that the Company has any

undisclosed information that should be disclosed but has not been disclosed

in accordance with provisions of the Rules Governing the Listing of Stocks

of the Shenzhen Stock Exchange, which may have a substantive impact on

its trading stock price as well as the derivatives.

     There is also no information disclosed in the previous period that

requires correction or supplementation.



IV. Risk Reminder
1. It is verified by self-examination the Company has no violation against

fair disclosure of information.

2. As a serious reminder, the Company has designated “China Securities

Journal”, “Securities Times” and CNINFO website (www.cninfo.com.cn)

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as the prevailing media for its information disclosure. Investors are hereby

reminded to pay attention to investment risks.



                                                             ADAMA Ltd.

                                                      November 4th, 2024




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