Kangde Xin Composite Material 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 any false records, misleading statements, or significant omissions.
002450SZSE
Announcement on Receipt of the "Execution Ruling"
✨ AI Summary
The announcement informs that Kangde Xin Composite Material Group Co., Ltd. has received an execution ruling from the Zhangjiagang People's Court regarding a bond trading dispute with Xinhua Fund Management Co., Ltd. The court has decided to terminate the execution procedure due to the inability to dispose of the defendant's assets. The impact on the company remains uncertain, and further disclosures will be made as the case progresses.
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