002072SZSE

Progress Announcement on the Judicial Transfer of Shares

Kairuide Co., Ltd.·October 16, 2025

✨ AI Summary

This announcement details the judicial transfer of 46.1 million shares of Kaired Holdings Co., Ltd. as part of its bankruptcy restructuring plan. The shares will be transferred to Chen Zhangxun and Zhang Xin for a total of RMB 20.56 million. Both parties have committed to a 12-month lock-up period for the shares. The company is actively coordinating the share transfer process and warns of uncertainties regarding completion.

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Full Translation

AI Translation· azure_openai

Stock Code: 002072
Stock Abbreviation: Kaired
Announcement Number: 2025-L048

Kaired Holdings Co., Ltd. Progress Announcement on the Judicial Transfer of Shares

The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

1. Judicial Transfer of Shares

The judicial transfer of shares is based on the enforcement of effective legal documents such as the Civil Ruling No. (2021) E 08 Min Po 1 issued by the Jingmen Intermediate People's Court, and the implementation of the Kaired restructuring plan approved by the creditors' meeting (including the investors' group) on December 6, 2021. The company intends to liquidate 46.1 million shares retained from the restructuring to develop its business, which does not involve changes in other shareholders' shares and will not lead to changes in the company's controlling shareholder or actual controller.

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