002072SZSE

Progress Announcement on Litigation Matters

Kairuide Co., Ltd.·

✨ AI Summary

This announcement details the recent developments in a litigation case involving Kairuide Holdings Co., Ltd. and CITIC Automobile Co., Ltd. The Jingmen Intermediate People's Court confirmed a bankruptcy claim of 471,364.92 yuan in favor of CITIC. Other claims by CITIC were dismissed. The ruling is not yet legally effective, and its impact on the company's profits remains uncertain.

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Full Translation

AI Translation· azure_openai

Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company" or "Kairuide") has recently received the civil judgment from the Jingmen Intermediate People's Court regarding the bankruptcy claim confirmation dispute case (2021) E 08 Min Chu 178 between the Company and CITIC Automobile Co., Ltd. The relevant details of this case are announced as follows:

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