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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.
period in need of correction and supplement.
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.
internal and external business environment recently.
not have any material matters concerning itself that should be disclosed but
have not been disclosed.
Company has traded its shares during the period of abnormal stock
fluctuations.
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
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
fair disclosure of information.
Journal¡±, ¡°Securities Times¡± and CNINFO website (www.cninfo.com.cn)
as the prevailing media for its information disclosure. Investors are hereby
reminded to pay attention to investment risks.
                                                             ADAMA Ltd.
                                                      November 4th, 2024