002072SZSE

Announcement on the Progress of the Investigation and Risk Warning

Kairuide Co., Ltd.·November 28, 2023

✨ AI Summary

This announcement informs stakeholders about the ongoing investigation by the China Securities Regulatory Commission (CSRC) regarding alleged information disclosure violations. The company has not yet received a conclusive opinion from the CSRC. The historical debt crisis caused by former controlling shareholders has been resolved through bankruptcy reorganization in 2021. The company will continue to cooperate with the investigation and provide monthly risk updates.

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Full Translation

AI Translation· azure_openai

Securities Code: 002072
Securities Abbreviation: Kairuide
Announcement Number: 2023-L061

Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

On August 29, 2023, the Company received a "Notice of Investigation" (No. 00042023006) from the China Securities Regulatory Commission (hereinafter referred to as "CSRC") due to suspected violations of information disclosure laws and regulations. According to the "Securities Law of the People's Republic of China" and the "Administrative Penalty Law of the People's Republic of China," the CSRC decided to initiate an investigation against the Company.

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