Kerid (002072): Implementation Of Major Asset Purchase And Related Party Spanactions

Kerid Cmi Holdings Ltd major asset purchase and related party spanactions progress announcement

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. Kerid Cmi Holdings Ltd (hereinafter referred to as the "company") in 2015, the second provisional shareholders' meeting in November 26, 2015 passed the "related assets of the company's major assets purchase and related spanactions report (Draft) and its summary motion" and other related matters. Since January 28, 2016, the company issued the announcement on the implementation of major asset purchase and related party spanactions in accordance with the relevant regulations monthly. The details are detailed in the relevant bulletins published in the China Securities Daily, the Shanghai Securities Journal, the securities times and the www.cninfo.com.cn.

In view of the fact that this matter has not yet been completed, according to the relevant provisions of the management measures for the major asset reorganization of listed companies, the progress made in this matter is explained as follows:

In from May 11 to 12, 2016, the company paid 30 million yuan for the equity acquisition of the equity spanferor; in from August 23 to 26, 2016, the company paid 98 million 600 thousand yuan for the equity acquisition of the equity spanferor; in from December 29 to 30, 2016, the company paid 100 million yuan for the equity purchase of the equity spanferor, and the company paid 8 million 300 thousand yuan to the equity spanfer party equity purchase from March 29, 2018 to April 28th.

As of the date of this announcement, the company has paid a total of 233 million 600 thousand yuan to the equity spanfer Party's equity purchase, accounting for 95.28% of the total spanaction volume of the spanaction.

The parties to this spanaction will continue to actively promote the implementation process of the spanaction and strive for the early implementation of this major asset purchase and related spanaction matters.

The company will timely disclose the progress of the spanaction in accordance with relevant regulations.

Notice hereby.

Kerid Cmi Holdings Ltd board

March 28, 2019