002072SZSE

Announcement on Subsidiary Receiving the "Assistance Execution Letter"

Kairuide Co., Ltd.·September 22, 2020

✨ AI Summary

The announcement informs that the subsidiary, Jingmen Dezhih Property Management Co., Ltd., received an "Assistance Execution Letter" from the Huangpu District People's Court in Guangzhou. This relates to a financial dispute involving a principal amount of 34.99 million yuan. The company states that this matter will not impact its operations and management. It will continue to monitor developments and fulfill disclosure obligations.

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Full Translation

AI Translation· azure_openai

Kaired Holdings Co., Ltd. (hereinafter referred to as the "Company") and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

The Company's controlling subsidiary, Jingmen Dezhih Property Management Co., Ltd. (hereinafter referred to as "Jingmen Property"), received the "Assistance Execution Letter" (Case No.: [2019] Yue 0112 Zhi 79) delivered by the Huangpu District People's Court in Guangzhou, Guangdong Province, on September 21, 2020. The specific situation is announced as follows:

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