*ST Kerry (002072): Revoke Delisting Risk Warnings And Continue To Implement Other Risk Warnings.

Kerid Cmi Holdings Ltd

Suggestive announcements on revoking delisting risk warnings and continuing to implement other risk warnings

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. Special note:

1. the starting date for revoking the delisting risk warning and continuing to implement other risk warnings is June 9, 2020 (Tuesday).

2. the company's stock was suspended for one day on June 8, 2020 (Monday) and resumed on June 9, 2020 (Tuesday).

3. the company's stock trading is carried out by other risk warnings on the Shenzhen stock exchange because of the fact that "the company provides funds to the controlling shareholder or its associated party or violates the prescribed procedures for providing guaranty to the outside world and the situation is serious". As of now, the above situation has not been eliminated, and the company's stock will continue to implement other risk warnings.

4. after revoking the delisting risk warning and continuing to implement other risk warnings, the company's stock is changed from "*ST Kerry" to "ST Kerry" for short, and stock code "002072" remains unchanged; the daily price limit of stock trading price is still 5%.

1. The situation of company stock being warned of delisting risks.

In view of Kai Reed Cmi Holdings Ltd (hereinafter referred to as "company"), the net profit of audited net profit in two fiscal years in 2017 and 2018 was negative continuously. Second, the net assets at the end of 2018 audited were negative; third, the CPA firm (special general partnership) issued an audit report which could not express its opinions on the company's 2018 financial report, according to the Shenzhen securities exchange. The relevant provisions of article 13.2.1 of the Listing Rules of IPO, the Shenzhen stock exchange has implemented special handling of "delisting risk warning" since May 6, 2019. The company's stock is changed from "Kai Reed" to "*ST Kerry" for short, and the stock code of the company remains unchanged, which is still "002072".

Two, the company's application for cancellation of stock trading delisting risk warning and audit situation.

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 15326699.97 yuan in 2019, and the net profit attributable to shareholders of listed companies was 8541181.02 yuan, and the owner's equity attributable to the listed company shareholders was 23584649.39 yuan.

After preliminary verification, the company's board of directors held that: in view of the audit results of the first accounting year after the warning of the delisting risk of the above company's stock transactions, the company's triggering of the delisting risk warning measures has been eliminated by the relevant provisions of article 13.2.1 of the Shenzhen Stock Exchange listing rules, and the company meets the conditions for the application to revoke the stock delisting risk warning. In May 29, 2020, the company held the twenty-sixth meeting of the seventh session of the board of directors to consider and adopt the motion on the application for revoking the risk warning of delisting. The company submitted an application for revoking the delisting risk warning to the Shenzhen Stock Exchange on the same day, and detailed the company's announcement in May 30, 2020 on the announcement of the application for cancellation of the stock trading delisting risk warning in the big tide information network. Notice number: 2020-L044)

At present, the above application has been approved by the Shenzhen stock exchange.

Three, the company's stock trading has been implemented by other risk warning.

The company provides guarantees to the related parties for violation of rules and regulations, and touches on article 13.3.1 (four) of the Shenzhen Stock Exchange Listing Rules: "the company provides funds to the controlling shareholder or its associated party or violates the prescribed procedures to provide guarantee and the situation is serious". The company has made detailed disclosure of the previous violations of the warranty, and has submitted relevant materials to the Shenzhen stock exchange in accordance with the relevant laws and regulations of the Shenzhen Stock Exchange Listing Rules, and in August 21, 2019, it announced the announcement of other risk warning on the company's stock (announcement number: 2019-L083). In view of the fact that the above situation has not been eliminated, the company's stock will continue to implement other risk warnings.

Four, the company stock revoke the risk warning of delisting and continue to implement other risk warning related matters.

According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules (November 2018 Revision), the company's stock will be suspended for one day in June 8, 2020, and will resume trading in June 9, 2020. The company revoked the delisting risk warning and continued to implement other risk warnings. The company's stock was changed from "*ST Kerry" to "ST Kerry" for short, and the stock code "002072" remained unchanged, and the daily price limit of the company's stock trading price was still 5%.

Five, other risk tips

The information disclosure media designated by the company are China Securities Journal, Shanghai Securities Journal, securities times and giant tide information network. Www.cninfo.com.cn All information of the company is based on the information published in the above media, and investors are invited to pay attention to investment risks.

Notice hereby

Kerid Cmi Holdings Ltd board of directors

June 8, 2020