Announcement Number: 2023-L032
Kai Rui De Holdings Co., Ltd. Announcement on Pledge of Shares by Controlling Shareholder
The Company and all members of the Board of Directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Kai Rui De Holdings Co., Ltd. (hereinafter referred to as the "Company") was recently notified by its controlling shareholder, Mr. Wang Jian, that he has pledged 37.44 million unrestricted circulating shares of the Company. The details are as follows:
I. Basic Information on the Current Share Pledge
| Shareholder Name | Is Controlling Shareholder or First Largest Shareholder and their Concerted Parties | Number of Shares Pledged This Time | Proportion of Shares Held | Proportion of Total Share Capital | Is it Restricted Shares (Yes/No, Type of Restricted Shares) | Pledge Start Date | Pledge End Date | Pledgee | Pledge Purpose |
|---|---|---|---|---|---|---|---|---|---|
| Wang Jian | Yes | 8,735,000 | 11.62% | 2.38% | Yes, Restricted Shares for Restructuring | 2023-07-18 | To be completed upon completion of pledge registration procedures | Hao Mou | Own business operations |
| Wang Jian | Yes | 11,235,000 | 14.95% | 3.06% | Yes, Restricted Shares for Restructuring | 2023-07-19 | To be completed upon completion of pledge registration procedures | Hao Mou | Own business operations |
| Wang Jian | Yes | 8,735,000 | 11.62% | 2.38% | Yes, Restricted Shares for Restructuring | 2023-07-19 | To be completed upon completion of pledge registration procedures | Hao Mou | Own business operations |
| Wang Jian | Yes | 8,735,000 | 11.62% | 2.38% | Yes, Restricted Shares for Restructuring | 2023-07-19 | To be completed upon completion of pledge registration procedures | Hao Mou | Own business operations |
| Total | 37,440,000 | 49.80% | 10.18% |