Kerid Announced Major Asset Restructuring Announcement

Today, Kay Reed unveiled a major plan.

The announcement of progress in asset acquisition is as follows:

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") has applied for a major asset acquisition and has applied to the Shenzhen stock exchange. The company's stock (Securities short: Kerid, securities code: 002072) has suspended its major asset purchase since its opening in August 8, 2015. On the same day, it issued a notice of suspension on the planning of major asset reorganization (asset acquisition) on the designated information disclosure media (announcement number: 2015-L071).

During the period, the company issued an announcement on the progress every five trading days.

Due to the fact that the preparatory work for the major asset acquisition has not yet been completed, the company has applied for it.

Since the opening of the market in September 9, 2015, the suspension will continue.

In September 9, 2015, September 16, 2015, September 23, 2015, September 30, 2015, October 14, 2015 and October 21, 2015, the company issued a notice on the renewal of the period of suspension of the major asset reorganization (asset acquisition) announcement (Bulletin number: 2015-L082), and the announcement on the progress of planning major asset reorganization (asset acquisition) (Bulletin number: 2015-L084, 2015-L085, 2015-L086, 2015-L089, 2015-L090).

As of this announcement, companies and related parties are actively promoting the work of this major asset acquisition.

The relevant audit and evaluation of this major asset acquisition company has been basically completed, and the intermediaries are performing the internal audit procedures of the project.

According to the regulations on the management of major assets reorganization of listed companies and the Memorandum No. seventeenth of SME board information disclosure, No. 1: related matters of major asset reorganization, etc., during the period of suspension, the company will fulfill the obligation of information disclosure in accordance with relevant regulations, and publish the announcement of progress of the matter at least every five trading days.

As the major asset reorganization (asset acquisition) matters remain uncertain, investors are invited to pay attention to investment risks.

Notice hereby.

Cmi Holdings Ltd board of directors

October 28, 2015