This announcement details the progress of a major litigation matter involving Kai Rui De Holdings Co., Ltd. and Zhao Jun. The company has agreed to a settlement of RMB 2 million with Zhao Jun, who will withdraw their appeal. This settlement is expected to positively impact the company's future operations and financial status.
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Securities Code: 002072 Securities Abbreviation: Kai Rui De Announcement No.: 2023-L003
Kai Rui De Holdings Co., Ltd.
Announcement on the Progress of Major Litigation Matters
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and there are no false records, misleading statements, or major omissions.
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