002072SZSE

Progress Announcement on Litigation Matters

Kairuide Co., Ltd.·

✨ AI Summary

This announcement informs that the Guangdong High Court has dismissed the appeal from Shenzhen Yonghuiyuan Supply Chain Co., Ltd. against Kairuide Holdings Co., Ltd. The court's decision is based on previous rulings regarding the execution of claims. The company anticipates no impact on its current or future profits due to this litigation.

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Full Translation

AI Translation· azure_openai

Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company" or "Kairuide") has recently received a written notice from the Guangdong High Court (hereinafter referred to as "Guangdong High Court") regarding the dismissal of the appeal from Shenzhen Yonghuiyuan Supply Chain Co., Ltd. The case's previous details can be found in the Company's announcements dated January 30, 2021, March 17, 2021, May 6, 2022, June 13, 2023, December 27, 2023, January 26, 2024, March 8, 2024, March 22, 2024, December 31, 2024, and March 31, 2025.

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