Kangde Xin Composite Materials Group Co., Ltd. (hereinafter referred to as "Kangde Xin") guarantees that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Kangde Xin disclosed an announcement on January 21, 2020, regarding the receipt of an arbitration notice from the China International Economic and Trade Arbitration Commission (Announcement No. 2020-016), and on March 9, 2021, regarding the receipt of an arbitration ruling (Announcement No. 2021-027). On April 9, 2021, it disclosed the receipt of an execution ruling (Announcement No. 2021-044). The arbitration case involving Zhangjiagang Kangde Xin Optoelectronic Materials Co., Ltd. (hereinafter referred to as "Optoelectronic Company") and YEST. CO., LTD has received execution notices and rulings from the Zhangjiagang People's Court (2021) Su 0582 Zhi 2997.
The company disclosed on April 1, 2020, regarding the receipt of an acceptance notice and ruling (Announcement No. 2020-065), and on April 9, 2021, regarding the receipt of an execution ruling (Announcement No. 2021-044). The arbitration case involving Optoelectronic Company and TOP Engineering Co., Ltd. has also received execution notices and rulings from the Zhangjiagang People's Court (2021) Su 0582 Zhi 2995.
The specific matters are announced as follows: