*ST Kerry (002072): Abnormal Fluctuations In Stock Trading

Kerid Cmi Holdings Ltd's announcement on abnormal fluctuations in stock trading

All members of the company and the board of Directors ensure that the contents of the announcement are true, accurate and complete, and there are no false statements, misleading statements or major omissions.

1. Abnormal fluctuations in stock transactions

Kerid's Cmi Holdings Ltd (hereinafter referred to as "company") stock price rise rate of 3 consecutive trading days (April 22, 2020, April 23, 2020, April 24, 2020) closed up to 12%. According to the relevant provisions of the Shenzhen stock exchange, it belongs to the stock exchange abnormal volatility.

Two, the company is concerned about and verifies the relevant situation.

According to the requirements of relevant regulations, the company has made necessary verification.

1, there is no need to correct and supplement the information disclosed by the company recently.

2, the company did not find any recent public media coverage of possible or already significant impact on the stock trading price of the company.

3, the company's recent business situation is normal, the internal and external business environment has not changed significantly.

4, there are no other major issues concerning the company's disclosure and not disclosed, nor are there any other major issues in the planning stage.

5, after verification, the company's largest shareholder and its co operative persons do not have any significant matters concerning the company's disclosure or undisclosed major events or major asset purchases, controlling shareholder changes and major contracts in the planning stage.

6, there is no violation of fair information disclosure.

Three. Is there a description of information that should be disclosed without disclosing information?

The board of directors of the company recognised that there were no matters that should be disclosed and not disclosed in accordance with the rules of the Shenzhen Stock Exchange Listing Rules, or the planning, negotiation, intention and agreement related to the matter. The board of directors has not been disclosed to the company under the provisions of the Shenzhen Stock Exchange Listing Rules. There is no need to correct and supplement the information of the company's pre disclosure, and there is no violation of the principle of fair information disclosure.

Four, risk warning

1, Kai Reed Cmi Holdings Ltd (hereinafter referred to as "company") in 2017 and 2018 audited net profit is negative, 2018 audited net assets are negative, 2018 annual financial report has been issued a report that can not express opinions, according to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, if the company's audited net profit in 2019 is continued. The negative or net assets will continue to be negative, or the financial accounting report will continue to be issued an audit report which can not express opinions or negative opinions. The Shenzhen stock exchange may suspend the listing of the company's stock. See the third risk warning notice on the stock market that has been suspended on April 24, 2020. 2, the company solemnly reminds investors that the China Securities Daily, the securities times, the Shanghai Securities Journal and the www.cninfo.com.cn are the company's information disclosure media. All the information of the company is based on the official announcement of the company in the above designated media. The company will strictly carry out the information disclosure work in strict accordance with the relevant laws and regulations and requirements, and invite the majority of investors to invest rationally and pay attention to investment risks. Notice hereby.

Kerid Cmi Holdings Ltd board of directors

April 25, 2020