Kaired Holdings Co., Ltd. (hereinafter referred to as "the Company" or "Kaired") has recently received an electronic delivery of the "Civil Judgment" from the Shenzhen Futian District People's Court, concerning the case where the plaintiff Kaired is in litigation against the defendant Shenzhen Yonghuiyuan Supply Chain Co., Ltd. and the third party Tianjin Demian Mining Co., Ltd. The case number is: (2021) Yue 0304 Minchu 22427. The preliminary details of this case were disclosed in the Company's announcements on January 30, 2021, and March 17, 2021 (Announcement No.: 2021-L012, 2021-L033). The relevant details of the "Civil Judgment" are as follows:
002072SZSE
Announcement on the Progress of Major Litigation Matters
✨ AI Summary
The announcement details the recent civil judgment received by Kaired Holdings Co., Ltd. from the Shenzhen Futian District People's Court regarding a litigation case against Shenzhen Yonghuiyuan Supply Chain Co., Ltd. The court dismissed all claims made by Kaired. The company plans to appeal the decision and assures that the outcome will not affect its current or future profits.
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