Securities Code: 002072
Securities Abbreviation: *ST Kairui
Announcement Number: 2021-L106
Kairui Holdings Co., Ltd. announces changes in shareholder equity and the change of controlling shareholder and actual controller. The company and all members of the board guarantee that the announcement content is true, accurate, and complete, and there are no false records, misleading statements, or significant omissions.
Special Reminder:
- This equity change is due to the implementation of the "Restructuring Plan of Kairui Holdings Co., Ltd."
- Prior to this equity change, Kairui Holdings Co., Ltd. had no controlling shareholder or actual controller; after this equity change, Mr. Wang Jian becomes the controlling shareholder and actual controller of Kairui Holdings Co., Ltd.
I. Background of the Equity Change
On November 5, 2021, the Intermediate People's Court of Jingmen City, Hubei Province (hereinafter referred to as "Jingmen Intermediate Court" or "Court") lawfully ruled to accept the application for the restructuring of Kairui Holdings Co., Ltd. (hereinafter referred to as "Kairui" or "Company") and designated the liquidation team of Kairui Holdings Co., Ltd. as the administrator of the company. On December 6, 2021, the company held its first creditors' meeting and investors' group meeting, where the draft restructuring plan and the equity adjustment plan were approved. On December 8, 2021, the Jingmen Intermediate Court issued Civil Ruling No. (2021) E 08 Min Po 1, approving the restructuring plan of Kairui Holdings Co., Ltd. (hereinafter referred to as "Restructuring Plan") and terminating the restructuring procedure of Kairui Holdings Co., Ltd.