Announcement on the Notice of Pre-restructuring Creditor Claims Declaration
Securities Code: 002072
Securities Abbreviation: *ST Kaired
Announcement Number: 2021-L071
Kaired Holdings Co., Ltd. and all members of the board guarantee that the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
On October 15, 2021, the Jingmen Intermediate People's Court (hereinafter referred to as "Jingmen Court" or "Court") issued the Decision No. (2021) E 08 Bankruptcy Application 1, deciding to initiate pre-restructuring for Kaired Holdings Co., Ltd. (hereinafter referred to as "the Company" or "Kaired") starting from October 15, 2021, and appointed Shandong Bohanyuan Law Firm as the temporary administrator (hereinafter referred to as "the Administrator") to participate in the pre-restructuring work.
On October 18, 2021, the Jingmen Court delivered the Announcement No. (2021) E 08 Bankruptcy Application 1 to the Company, which was published on the National Enterprise Bankruptcy Restructuring Case Information Network on the same day. The main content of the announcement is related to the notice of creditor claims declaration for the Company's pre-restructuring.
On October 19, 2021, the Administrator delivered the Announcement on the Notice of Pre-restructuring Creditor Claims Declaration to the Company. The Company hereby announces the relevant creditor declaration situation as follows:
1. Content of the Jingmen Court Announcement
"On August 31, 2021, Wang Jianwei applied to this Court for the bankruptcy restructuring of Kaired Holdings Co., Ltd. (hereinafter referred to as Kaired Company). During the review period of this case, Kaired Company applied to this Court for pre-restructuring. Upon review, this Court decided to initiate the pre-restructuring procedure starting from October 15, 2021, and appointed Shandong Bohanyuan Law Firm as the temporary administrator. Creditors of Kaired Company should declare their claims to the temporary administrator by November 17, 2021 (Mailing Address: Room 206, 2nd Floor, Building C4-1, Xinguang International Trade City, No. 201, Peigong Avenue, Doudao District, High-tech Zone, Jingmen City, Hubei Province; Contact: Lawyer Du, Lawyer Cui; Phone: 13805313471, 15953145716; Postal Code: 448124), providing a written statement of the claim amount, whether there is collateral, and whether it is a joint claim, along with relevant evidence materials. If this Court rules to accept the bankruptcy restructuring of Kaired Company, creditors do not need to declare their claims again. The examination and confirmation of the establishment of legal relationships, the nature of claims, and the principal amount of claims by the temporary administrator and creditors during the pre-restructuring period shall have the same legal effect as in the formal restructuring procedure. If the pre-restructuring plan proposed during the pre-restructuring period is consistent with the draft restructuring plan made in the restructuring procedure, the consent of relevant creditors and investors to the pre-restructuring plan shall be deemed as consent to the voting on the draft restructuring plan. However, the following circumstances are excluded: (1) If the draft restructuring plan modifies the content of the pre-restructuring plan and adversely affects relevant rights holders, or is significantly related to the major interests of relevant rights holders, the affected rights holders have the right to re-vote on the draft restructuring plan; (2) If Kaired Company conceals important information, discloses false information before the vote on the pre-restructuring plan, or if significant changes occur before or after the vote on the pre-restructuring plan that affect the voting of rights holders, the corresponding rights holders have the right to re-vote on the draft restructuring plan. If a creditors' meeting needs to be held during the pre-restructuring period, relevant matters will be notified separately."