002072SZSE

Announcement on the Cancellation of Delisting Risk Warning for Company Stock Due to Restructuring and Continued Risk Warnings

Kairuide Co., Ltd.·

✨ AI Summary

The Shenzhen Stock Exchange has agreed to cancel the delisting risk warning for the company's stock due to restructuring. However, the company still faces delisting risk warnings due to negative audited net assets and profits for the year 2020, as well as other risk warnings. The stock will continue to be subject to these warnings starting January 17, 2022.

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Full Translation

AI Translation· azure_openai

Securities Code: 002072
Securities Abbreviation: *ST Kai Rui
Announcement Number: 2022-L003

Kai Rui De Holdings Co., Ltd. announces the cancellation of the delisting risk warning for the company's stock due to restructuring and the continuation of delisting risk warnings and other risk warnings. 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.

Special Reminder: The Shenzhen Stock Exchange has agreed to cancel the delisting risk warning for the company's stock due to restructuring. However, the company still faces delisting risk warnings due to negative audited net assets and profits for the year 2020, as well as operating revenue below 100 million yuan, which triggers the delisting risk warning as per the Shenzhen Stock Exchange Listing Rules. The stock will continue to be subject to delisting risk warnings and other risk warnings.

On January 7, 2022, Kai Rui De applied to the Shenzhen Stock Exchange to cancel the delisting risk warning for the company's stock due to restructuring. After review, the Shenzhen Stock Exchange agreed to cancel the delisting risk warning due to restructuring. The relevant matters are announced as follows:

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