Kaired Holdings Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
On November 23, 2022, the Company received the "Decision on Corrective Measures Ordered Against Kaired Holdings Co., Ltd." (Document No. [2022] 19) issued by the Hubei Securities Regulatory Bureau (hereinafter referred to as "the Decision"). The specific content can be found in the announcement disclosed by the Company on November 24, 2022, titled "Announcement on Receiving Administrative Regulatory Measures Decision" (Announcement No. 2022-L054). Following the receipt of the Decision, the Company's Board of Directors and relevant departments attached great importance to the matters involved, conducted a comprehensive review and in-depth analysis, identified the causes of the issues, formulated corrective measures based on the Company's actual situation, and submitted a rectification report to the Hubei Securities Regulatory Bureau.
On December 2, 2022, the Company held the 45th meeting of the 7th Board of Directors and the 25th meeting of the 7th Supervisory Board, which approved the "Rectification Report on the Corrective Measures Ordered by Hubei Securities Regulatory Bureau." The rectification situation is announced as follows: