002072SZSE

Announcement on Disciplinary Actions Against the Company and Related Parties by the Shenzhen Stock Exchange

Kairuide Co., Ltd.·November 23, 2020

✨ AI Summary

The announcement details disciplinary actions taken by the Shenzhen Stock Exchange against Kairuide Holdings Co., Ltd. and its related parties for violations including failure to disclose related transactions and unauthorized guarantees. The company received a public reprimand, while several executives were criticized. The company commits to improving compliance and risk awareness moving forward.

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Full Translation

AI Translation· azure_openai

Securities Code: 002072

Securities Abbreviation: ST Kairuide

Announcement Number: 2020-L082

Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company") recently received the Shenzhen Stock Exchange's decision on disciplinary actions against Kairuide Holdings Co., Ltd. and related parties (hereinafter referred to as "the Disciplinary Decision"). The relevant information is announced as follows:

1. Content of the Disciplinary Decision

Parties Involved: Kairuide Holdings Co., Ltd., located at 12th Floor, New Poly Building, No. 1 Chaoyangmen North Street, Dongcheng District, Beijing; Wu Lianmo, former actual controller and chairman; Zhang Bin, current board secretary, director, and deputy general manager; Liu Shuyan, current financial director, director, and deputy general manager; Liu Tao, current supervisor; Hou Shujun, current general manager; He Yajun, current general manager.

It has been determined that Kairuide Holdings Co., Ltd. (hereinafter referred to as "ST Kairuide") and related parties engaged in the following violations:

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