CATIC Shenzhen Holdings (HKG:0161) has released a further voluntary announcement in relation to the very substantial acquisition and connected transactions involving acquisition of equity interest in Shanghai Tian Ma by Tian Ma and in relation to the very substantial disposal involving deemed disposal of interest in Tian Ma by CATIC Shenzhen. Tian Ma has received a notice from China Securities Regulatory Commission (CSRC) that the transactions were not approved.

Tian Ma is required to resolve and announce whether the transactions will be amended or terminated within 10 days from the date of receipt of the notice.