Kerid (002072): Announcement (Series)

Stock Code: 002072 securities abbreviation: Kai Reed Announcement No.: 2019-L008

Kerid Cmi Holdings Ltd

Progress of investigation and risk warning announcement

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

Important content hints: because of company information disclosure suspected of violating the securities law, it is currently being investigated by the China Securities Regulatory Commission.

If there are serious violations of the company, the company's stock may be warned by the Shenzhen stock exchange to withdraw the market risk and suspend the listing, so investors should pay attention to the risk of investment.

Kerid Cmi Holdings Ltd (hereinafter referred to as "the company") received the China Securities Regulatory Commission (hereinafter referred to as the "China Securities Regulatory Commission"), "investigation notice" (No. 2016020, Lu Zheng No. 171519, and the general investigation team number 171519) in October 31, 2016 and December 19, 2017. The company's information disclosure was suspected to violate the provisions of the securities law. According to the relevant provisions of the securities law of the People's Republic of China, the China Securities Regulatory Commission decided to file a case investigation.

During the survey, the company fully cooperate with the CSRC's investigation work, and strictly comply with relevant laws and regulations and regulatory requirements to fulfill the obligation of information disclosure.

In November 1, 2016 and December 21, 2017, the company issued a notice on receipt of the investigation notice of the China Securities Regulatory Commission (Bulletin number: 2016-L101, 2017-L112) and the "notice on the existence of the risk of stock being suspended from listing" (announcement number: 2016-L102, 2017-L113) on the designated information disclosure media.

According to the regulations, the company publishes a monthly announcement on the progress of the investigation and the risk notice.

At present, the investigation is still in progress.

If the company is subject to administrative penalties by the CSRC and the illegal act is a major delisting situation stipulated in the enforcement measures of the Shenzhen Stock Exchange listed company's major illegal and compulsory delisting measures, the company's stock paction will be implemented as a warning of delisting risks.

The implementation of the delisting risk warning thirty trading date after the expiration of the date of the first trading day, the company's shares will be suspended, the Shenzhen stock exchange in the fifteen trading days after the suspension of the decision whether to suspend the listing of the company's stock, and in the fifteen days after the suspension of the company's stock market six months after the expiration date to decide whether to terminate the listing.

As of the date of this announcement, the company has not yet received the concluding observations or decisions of the CSRC on the above investigation.

According to the relevant regulations of the Shenzhen Stock Exchange Listing Rules, the company will disclose at least once a month the risk notice notice that the company's shares may be suspended and listed.

The information disclosure media designated by the company are China Securities Daily, Shanghai Securities Daily, securities times and www.cninfo.com.cn. All information of the company is published in the above media.

Investors are invited to keep an eye on the company's previous investigation and related progress and pay attention to investment risks.

Notice hereby.

Kerid Cmi Holdings Ltd board of directors

February 27, 2019

Stock Code: 002072 securities abbreviation: Kai Reed Announcement No.: 2019-L009

Kerid Cmi Holdings Ltd major asset sale implementation progress announcement

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

In August 11, 2015, the shareholders' meeting of Kerid Cmi Holdings Ltd (hereinafter referred to as "company") adopted the relevant motion on the report on the sale of major assets of the company (Draft) and its summary motion.

Since October 10, 2015, the company has issued monthly announcement on the implementation of major asset sales according to the relevant regulations, and the details are published in the China Securities Daily, the Shanghai Securities Journal, the securities times and the related announcements on the Internet of giant tide information.

In view of the fact that the sale of major assets has not yet been fully implemented, according to the relevant provisions of the management measures for major asset reorganization of listed companies, the progress made in the implementation of this major asset sale is described as follows:

The company received a total of 284 million 315 thousand and 600 yuan of pfers from Shandong de cotton Group Co., Ltd. (hereinafter referred to as "the German cotton group").

In accordance with the agreement signed by the two parties on the sale of major assets and the supplemental agreement, the company has completed the delivery and pfer of textile assets related to the exchange with the German cotton group.

Because the German cotton group failed to pay the paction consideration in full in accordance with the agreed time limit, in order to ensure that the interests of the listed companies were not harmed, the fifth largest industrial company of Zhejiang, the largest shareholder of the company (hereinafter referred to as "the fifth quarter industry") made a commitment payment arrangement on behalf of the company to pay the remaining amount of the textile assets paction in August 10, 2016.

According to the above commitments, as of December 30, 2016, the company has received fifth quarter industrial assets sold by the fifth quarter (Shenzhen) Asset Management Co., Ltd. for the sale of the price of RMB 204 million 204 thousand and 400 yuan.

In May 2017, Mr. Zhang Peifeng, the former chairman of the company, secured the remaining balance of the paction price of the sale of the assets that the German cotton group had not yet paid.

In April 25, 2018, Mr. Zhang Peifeng made a total of 50 million 10 thousand yuan on behalf of the listed company's creditor's rights in the form of payment and cash. The company reduced 50 million 10 thousand yuan to the accounts receivable of the de cotton group (the balance of sale of textile assets).

As of this announcement, the company received a total of 538 million 520 thousand yuan for the sale of major textile assets.

At present, the payment method and accounting treatment of the remaining assets of the above assets are under negotiation.

The company will timely disclose the progress of subsequent implementation of the paction in accordance with relevant regulations.

Notice hereby.

Kerid Cmi Holdings Ltd board of directors

February 27, 2019

Stock Code: 002072 securities abbreviation: Kai Reed Announcement No.: 2019-L010

Kerid Cmi Holdings Ltd

Progress announcement on implementation of major asset purchase and related party pactions

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

Kerid Cmi Holdings Ltd (hereinafter referred to as the "company") in 2015, the second provisional shareholders' meeting in November 26, 2015 passed the "related assets of the company's major assets purchase and related pactions report (Draft) and its summary motion" and other related matters. Since January 28, 2016, the company issued the announcement on the implementation of major asset purchase and related party pactions in accordance with the relevant regulations monthly. The details are detailed in the relevant bulletins published in the China Securities Daily, the Shanghai Securities Journal, the securities times and the www.cninfo.com.cn.

In view of the fact that this matter has not yet been completed, according to the relevant provisions of the management measures for the major asset reorganization of listed companies, the progress made in this matter is explained as follows:

In from May 11 to 12, 2016, the company paid 30 million yuan for the equity acquisition of the equity pferor; in from August 23 to 26, 2016, the company paid 98 million 600 thousand yuan for the equity acquisition of the equity pferor; in from December 29 to 30, 2016, the company paid 100 million yuan for the equity purchase of the equity pferor; in March 29, 2018, the company paid 5 million yuan to the equity pfer Party's equity purchase.

As of the date of this announcement, the company has paid a total of 233 million 600 thousand yuan to the equity pfer Party's equity purchase, accounting for 93.96% of the total paction volume of the paction.

The parties to this paction will continue to actively promote the implementation process of the paction and strive for the early implementation of this major asset purchase and related paction matters.

The company will timely disclose the progress of the paction in accordance with relevant regulations.

Notice hereby.

Kerid Cmi Holdings Ltd

Board of directors

February 27, 2019