*ST Kerry (002072): Apply For Cancellation Of Stock Trading Delisting Risk Warning

*ST 002072.SZ announced that the net profit of the two accounting year in 2017 and 2018 was negative continuously. 2. The net assets at the end of 2018 audited were negative. 3. The CPA firm (special general partnership) had an unqualified audit report on the company's 2018 annual financial report, according to the rules of the Shenzhen Stock Exchange listing thirteenth The relevant provisions of article.2.1, the Shenzhen Stock Exchange on the company's stock since May 6, 2019 implementation of the "delisting risk warning" special treatment, the company's short name changed from "Kai Reed" to "*ST Kerry", the company's stock code remains unchanged, is still "002072".

According to the 2019 annual audit report issued by the Asia Pacific (accounting group) accounting firm (special general partnership), the company achieved operating income of 15 million 326 thousand and 700 yuan in 2019, and the net profit attributable to shareholders of listed companies was 8 million 541 thousand and 200 yuan, and the owner's equity attributable to shareholders of listed companies was 23 million 584 thousand and 600 yuan.

After preliminary verification, the company held that: in view of the audit results of the first accounting year after the implementation of the warning of the delisting risk of the above company's stock transactions, the company's triggering of the delisting risk warning measures in the relevant provisions of article 13.2.1 of the Shenzhen Stock Exchange Listing Rules has been eliminated, and the company is in line with the conditions for the cancellation of the stock delisting risk warning. At the same time, through the company's own inspection, the company's previous violation of security matters touches on article 13.3.1 (four) of the Stock Exchange Listing Rules of the Shenzhen Stock Exchange: "the company provides funds to the controlling shareholder or its associated party or violates the prescribed procedures for providing guaranty to the outside party and the situation is serious." The detailed disclosure of the previous violations of security has been submitted to the Shenzhen stock exchange in accordance with the relevant laws and regulations of the stock exchange of Shenzhen and other related laws and regulations. In August 21, 2019, the announcement of other risk warning about the implementation of company stock was disclosed.

On May 29, 2020, at the twenty-sixth meeting of the seventh board of directors of the company, the motion on application for revoking the delisting risk warning was deliberated and adopted. On the same day, the company submitted an application for revoking the delisting risk warning to the Shenzhen stock exchange. Due to the fact that the company's previous violations have not yet been lifted, the company still needs to be warned of other risks. Therefore, if the company's application is approved, the company's securities short will be changed from "*ST Kerry" to "ST Kerry", and the stock code is still "002072".