002072SZSE

Announcement on Major Shareholder Wang Jian Providing Liquidity Support to the Company and Related Transactions

Kairuide Co., Ltd.·

✨ AI Summary

The announcement details that Wang Jian, the company's largest shareholder, will provide liquidity support of up to 30 million RMB for a period not exceeding three months to assist the company amid its pre-restructuring process. The board and supervisory committee approved this related transaction unanimously. This support is classified as a common benefit debt to be prioritized for repayment once the company enters restructuring.

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Full Translation

AI Translation· azure_openai

Securities Code: 002072
Securities Abbreviation: *ST Kairui
Announcement Number: 2021-L076

Kairui Holdings Co., Ltd. announces that the company 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.

Important Content Reminder:

  • Transaction Content: Given that the Jingmen Intermediate People's Court has made a decision on October 15, 2021, to initiate pre-restructuring for Kairui Holdings Co., Ltd., to assist the company in carrying out its main business, Mr. Wang Jian, the largest shareholder, and his related companies have agreed to provide liquidity support to the company free of charge for a period not exceeding three months, with an amount not exceeding 30 million RMB. This liquidity support is provided based on the company's restructuring and will be prioritized for repayment to Mr. Wang Jian as common benefit debt once the company enters the restructuring process.
  • The 38th meeting of the 7th Board of Directors approved this related transaction with 6 votes in favor, 0 votes against, and 0 abstentions, with related director Mr. Wang Jian abstaining from the vote.
  • The 21st meeting of the 7th Supervisory Committee approved this related transaction with 3 votes in favor, 0 votes against, and 0 abstentions.
  • This transaction does not constitute a major asset restructuring.
  • As of the announcement date, there have been no related transactions involving financial assistance from related parties to Mr. Wang Jian in the past 12 months.
  • This transaction does not require submission for shareholder meeting approval.

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