Apply To Shenzhen Stock Exchange For Withdrawal Of All Risk Warning

On July 15, * ST Carey (002072) released a semi annual performance forecast, saying that the company's financial department initially estimated that the net profit attributable to the shareholders of the listed company in the first half of 2022 was 3 million to 4 million yuan, and the basic earnings per share was 0.0082 to 0.0109 yuan. The announcement also said that the company's application for withdrawing delisting risk warning and other risk warnings still needs to be approved by the Shenzhen Stock Exchange, and there is uncertainty whether the approval can be obtained.

* ST Carey, formerly known as Shandong Demian Co., Ltd., was listed in 2006, mainly engaged in the sales and trade of textile products. After its listing, its profit has been hovering between meager profits and losses, and has been on the verge of delisting for three consecutive years at that time. Since the company changed its name to "kairuide" in the second half of 2014, it has carried out capital operation frequently in such hot fields as mineral management, venture capital investment, Internet information, financial information, e-commerce, etc., and repeatedly issued heavy profits. The company's share price soared to 43.50 yuan. In 2016 and 2017, the company was investigated for illegal activities for two consecutive years, and was identified as concealing a number of related party transactions and major lawsuits. After that, the stock price plummeted into junk stock. According to the industry lawyer, the investor who bought the stock during the period from December 3, 2014 to December 20, 2017, has won the lawsuit through wechat gushi148, and the company shall compensate the investor for the investment loss caused by the illegal information disclosure during this period.

The reporter inquired and learned that the company's annual report was issued with audit opinions that could not express opinions due to the continuous negative value of the audited net profit in 2017 and 2018 and the negative value of the final net assets of the company in 2018. Therefore, the delisting risk warning of the company's shares has been implemented since May 6, 2019. After that, due to the illegal guarantee, the company was superimposed with other risk warnings, which made the company face delisting again. Later, due to the financial situation and restructuring problems, the company was frequently implemented and cancelled delisting risk warning.

Unexpectedly, the company's net assets, net profit and operating income in 2021 turned into "positive" miraculously. After restructuring, the debt burden faced by the company has been completely eliminated. The audit institution believes that the company has the ability of sustainable operation, and has issued an unqualified audit report on the financial report of 2021. The company hereby applies to the Shenzhen Stock Exchange to cancel all delisting risk warnings and other risk warnings, and the company may "revive with full blood".