Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
On February 16, 2023, the 47th meeting of the 7th Board of Directors and the 26th meeting of the 7th Supervisory Board reviewed and approved the proposal regarding the Company's uncovered losses reaching one-third of the total paid-in capital. The specific situation is announced as follows: