*ST Kerry (002072): Progress In Affiliate Transactions (Two)
Kerid Cmi Holdings Ltd's progress announcement on subsidiary related transaction matters (two)
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.
Overview of related party transactions
In December 19, 2019, Kai Reed Cmi Holdings Ltd (hereinafter referred to as "company" or "Kai Reed"), the company's wholly owned subsidiary, Dezhou Jinmian Textile Co., Ltd. signed a contract with Mr. Zhang Peifeng, a shareholder of the company. The contract was held at the eighteenth meeting of the seventh board of directors of the company in December 19, 2019, and the company 2019 December 31, 2019. The third provisional shareholders' meeting has already entered into force after deliberation and approval. According to the contract, Mr. Zhang Peifeng, the shareholder of the company, should pay 249508699 yuan to the company. The company has announced the relevant information on the related transactions. The contents are detailed in the company's announcement in December 25, 2019 on the related announcement of the giant tide information network: the announcement on the related transactions of subsidiaries (two) announced by the company in December 25, 2019 (Bulletin number: 2019-L126), and the progress of related transactions (two) related to subsidiaries disclosed by the company in March 26, 2020. Announcement (Bulletin number: 2019-L016), "supplementary announcement on the progress of subsidiary related transactions (two)" disclosed by the company in March 27, 2020 (Bulletin number: 2019-L018).
Two, transaction progress
According to the contract, Mr. Zhang Peifeng should pay second yuan for 27 million 720 thousand yuan before June 15, 2020. Recently, the company received RMB second yuan from Mr. Bao Sheng Dingsheng international trade (Beijing) Limited (director Wang Jian of the Department, Mr. Wang Xuanzhe's actual control, holding 3% of the company), and paid second yuan on behalf of Zhang Peifeng.
Three, risk warning
According to the above contract, Mr. Zhang Peifeng, shareholder, should pay 249508699 yuan to the company. Up to now, the company has received first, second payments totaling 55 million 440 thousand yuan. Mr. Zhang Peifeng should pay the remaining amount of 194068699 yuan to the company in 8 phases before March 15, 2022. The company will actively urge Mr. Zhang Peifeng to fulfill his subsequent repayment obligations under the agreement. Mr. Zhang Peifeng, a trader of related transactions, is currently detained in the detention center of Jinhua, Zhejiang Province, and has been listed as a restricted high consumer because of 21 cases involving company litigation. Since 2 of the cases involved are involved in the execution of the case, the case is being executed, and whether there will be any subsequent repayment according to the contract and whether it has the ability to perform is still uncertain. Investors should pay attention to investment risk.
Four. Reference documents
1. Relevant documents required by the Shenzhen Stock Exchange
Notice hereby
Kerid Cmi Holdings Ltd board of directors
April 18, 2020
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