002450SZSE

Announcement on Receipt of the "Execution Ruling"

Kangde Tui Co., Ltd.··3 pages

✨ AI Summary

This announcement informs that Kangde Xin Composite Materials Group Co., Ltd. has received two execution rulings from the Zhangjiagang People's Court regarding bond trading disputes with Guosen Securities Co., Ltd. and Jiangsu Yixing Rural Commercial Bank Co., Ltd. The rulings state that due to the inability to dispose of the defendant's assets, the execution procedures are terminated. However, the plaintiffs retain the right to request the defendant to continue fulfilling their obligations.

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Full Translation

AI Translation· azure_openai

Kangde Xin Composite Materials Group Co., Ltd. (hereinafter referred to as "Kangde Xin" or "the Company") and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

On October 16, 2019, Kangde Xin disclosed the announcement regarding the receipt of a subpoena and civil complaint from the Luohu District People's Court of Shenzhen (Announcement No. 2019-196). On May 11, 2020, it disclosed the announcement regarding the receipt of a civil ruling and civil judgment (Announcement No. 2020-087). On June 23, 2020, it disclosed the announcement regarding the receipt of an execution notice and property reporting order (Announcement No. 2020-125). On November 5, 2020, it disclosed the announcement regarding the receipt of an execution notice and property reporting order (Announcement No. 2020-223). On March 30, 2021, it disclosed the announcement regarding the receipt of an execution decision (Announcement No. 2021-039).

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