Kaidi Ecology Environment Technology Co., Ltd. (hereinafter referred to as "Kaidi Ecology" or "the Company") recently received notifications from the Intermediate People's Court of Wuhan, Hubei Province regarding the auction of certain shares held by its shareholder, Sunshine Kaidi New Energy Group Co., Ltd. The details are as follows:
Relevant Notification Content
Notification No. 鄂 01 执恢 161 号
Regarding the execution case of the notarized debt document between Zhonghe Small and Medium Enterprises Financing Guarantee Co., Ltd. and Sunshine Kaidi New Energy Group Co., Ltd., the court plans to publicly auction the subject matter of this case on the JD.com judicial auction platform at 10:00 AM on December 12, 2020. Please pay attention to this auction. Due to potential changes in auction times caused by unsold items or suspensions, please continue to monitor the auction information published on the JD.com judicial auction platform; the court will not provide further notifications.