Grand Ocean Retail : Announcement on behalf of subsidiary reopen business.

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Provided by: Grand Ocean Retail Group Limited
SEQ_NO	1	Date of announcement	2022/04/15	Time of announcement	17:37:04
Subject	Announcement on behalf of subsidiary reopen business.
Date of events	2022/04/15	To which item it meets	paragraph 51
Statement	1.Date of occurrence of the event:2022/04/15 2.Company name: Quanzhou Grand Ocean Commercial Limited 3.Relationship to the Company (please enter "head office" or "subsidiaries"):subsidiaries 4.Reciprocal shareholding ratios:100% 5.Cause of occurrence: In conjunction with the local government's COVID-19 prevention efforts,a closure was in place from March 18 , Quanzhou Grand Ocean received the government's notice to resume normail operations after April 16. 6.Countermeasures: The Company cooperates with the local government to take measures to respond to the epidemic to ensure the safety and health of customers and employees. 7.Any other matters that need to be specified: Except Shanghai Qianshu store , the rest of the stores are still operating normally,the impact will depend on the subsequent development of the epidemic, and the company will make a supplementary announcement to investors at any time.