Hengyi Petrochemical Co., Ltd. (hereinafter referred to as "the Company") announces that the shares held under the fifth employee stock ownership plan (hereinafter referred to as "the Plan") have been fully sold through block trading and collective bidding. This announcement is made in accordance with the "Guiding Opinions on the Pilot Implementation of Employee Stock Ownership Plans by Listed Companies," the "Self-Regulatory Guidelines No. 1 for Main Board Listed Companies" issued by the Shenzhen Stock Exchange, and relevant provisions of the Company's fifth employee stock ownership plan.
000703SZSE
Announcement on the Completion and Termination of the Company's Fifth Employee Stock Ownership Plan
✨ AI Summary
This announcement informs that the fifth employee stock ownership plan of Hengyi Petrochemical Co., Ltd. has been fully executed and terminated. A total of 87,167,750 shares were purchased, representing 2.38% of the total share capital, with a transaction value of approximately RMB 675 million. The shares were sold on April 28, 2026, with the majority acquired by the controlling shareholder, Zhejiang Hengyi Group Co., Ltd.
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