Stock Code: 002072 Stock Abbreviation: KaiRiDe KaiRiDe Holdings Co., Ltd. Announcement No.: 2024-L020 Announcement on the Termination of the Judicial Transfer Agreement for Shares Retained Under the Restructuring Plan and Supplementary Agreement The Company and the Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
I. Basic情况 of the Judicial Share Transfer Based on the fulfillment of effective legal documents such as the "Civil Ruling" (2021) E 08 Min Po 1 issued by the Intermediate People's Court of Jingmen City, and the fulfillment of the KaiRiDe Restructuring Plan approved by the company's creditors' meeting (including the equity holder group) on December 6, 2021, 51.5 million shares retained under the restructuring plan (accounting for 14.01% of the company's total share capital) were intended to be transferred to Ningbo Gede Yingxiang Commercial and Trading Co., Ltd. (hereinafter referred to as "Ningbo Gede") through judicial transfer. The transfer price was RMB 297.67 million. For details of the judicial share transfer, please refer to the "Announcement on the Judicial Transfer of Shares Retained Under the Restructuring Plan and Change of Equity" (Announcement No.: 2022-L050) and the "Announcement on the Supplementary Agreement for the Judicial Transfer of Shares Retained Under the Restructuring Plan" (Announcement No.: 2023-L058) issued by the Company on November 18, 2022, and November 17, 2023.
II. Main Contents of the Termination of the Judicial Transfer Agreement for Shares Retained Under the Restructuring Plan and Supplementary Agreement Whereas:
- The Company and Ningbo Gede signed the "Agreement on Judicial Transfer of Shares" on November 16, 2022, and the "Supplementary Agreement on Judicial Transfer of Shares" on November 15, 2023.
- The Company is currently under investigation by the China Securities Regulatory Commission for historical information disclosure violations.