Kaired Holdings Co., Ltd. (hereinafter referred to as "the Company" or "Kaired") has recently received a lawsuit delivered by the Jingmen Intermediate People's Court (hereinafter referred to as "Jingmen Court"), case number: (2021) E 08 Min Chu 178. CITIC Automobile Co., Ltd. (hereinafter referred to as "CITIC Automobile") has filed a lawsuit regarding a dispute over the confirmation of ordinary bankruptcy claims against the Company. The relevant details are announced as follows:
1. Basic Information of the Case
Plaintiff: CITIC Automobile Co., Ltd.
Address: 6 Xinyuan South Road, Chaoyang District, Beijing, Jingcheng Building.
Legal Representative: Song Jun, Chairman and General Manager.
Defendant: Kaired Holdings Co., Ltd.
Address: Room 201, 2nd Floor, Building C4-1, Xinguang International Trade City, 201 Peigong Avenue, Duodao District, Jingmen City, Hubei Province.
Legal Representative: Li Yanmei, General Manager.