002072SZSE

Announcement on Progress of Matters Related to Company Stock Being Subject to Other Risk Warnings

Kairuide Co., Ltd.·

✨ AI Summary

This announcement details the progress of the company's stock being subject to other risk warnings due to past irregular external guarantees and recent financial performance. The company's restructuring plan has been approved, which is expected to improve its financial and operational status. However, risks of delisting remain if the restructuring fails or if future financial indicators do not meet regulatory requirements.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Stock Code: 002072 Stock Abbreviation: *ST Kairui Kairui De Holding Co., Ltd. Announcement No.: 2021-L097 Announcement on Progress of Matters Related to Company Stock Being Subject to Other Risk Warnings The company and all members of its board of directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

I. Matters Regarding the Implementation of Other Risk Warnings and Their Main Reasons

Kairui De Holding Co., Ltd. (hereinafter referred to as the "Company" or "Kairui De") was previously subjected to special treatment of "other risk warnings" due to irregular external guarantees, in accordance with the relevant provisions of the "Stock Listing Rules of Shenzhen Stock Exchange." For details, please refer to the "Announcement on the Company's Stock Being Subject to Other Risk Warnings" disclosed by the Company on August 21, 2019 (Announcement No.: 2019-L083).

As the audited net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses for 2018, 2019, and 2020 was -199,733,566.73 yuan, -20,221,597.82 yuan, and -242,877,395.59 yuan, respectively, and the Company's 2020 audited report indicated uncertainty in its ability to continue operating, the Company's stock was additionally subjected to special treatment of "other risk warnings" in accordance with Article 13.3, Item (VI) of the "Stock Listing Rules of Shenzhen Stock Exchange." For details, please refer to the "Announcement on the Company's Stock Trading Being Subject to Delisting Risk Warning and Additional Other Risk Warnings" disclosed by the Company on January 30, 2021 (Announcement No.: 2021-L021).

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.