301078SZSE
🚨 Material Event

Announcement on the Controlling Shareholder's Loan Commitment for Increased Shareholding

✨ AI Summary

The company received notification from its controlling shareholder, Jiangsu Bosida, regarding a loan commitment from China Merchants Bank to support share acquisition. The loan amount is capped at RMB 100 million, with a term of up to 36 months. The share purchase plan aims to bolster investor confidence and stabilize the company's stock price, with intended purchases between RMB 100 million and RMB 150 million within six months.

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Full Translation

AI Translation· azure_openai

Securities Code: 301078
Securities Abbreviation: Kid King
Announcement Number: 2026-053

Kid King Children's Products Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Recently, the Company received notification from its controlling shareholder, Jiangsu Bosida Enterprise Information Consulting Co., Ltd. (hereinafter referred to as "Jiangsu Bosida"), that Jiangsu Bosida has obtained a "Loan Commitment Letter" issued by the Nanjing Branch of China Merchants Bank (hereinafter referred to as "China Merchants Bank"). China Merchants Bank has committed to providing loan support for Jiangsu Bosida's stock acquisition, with a loan amount not exceeding RMB 100 million. The specific details are as follows:

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