Hengyi Petrochemical Co., Ltd. (hereinafter referred to as "the Company" or "Hengyi Petrochemical") and all members of its board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions. Recently, the Company received a notice from its controlling shareholder, Zhejiang Hengyi Group Co., Ltd. (hereinafter referred to as "Hengyi Group"), regarding the completion of the stock sale of the employee trust plan held by the controlling shareholder and its subsidiaries. The relevant situation is announced as follows.
000703SZSE
Announcement on Completion and Termination of Stock Sale by Employee Trust Plan of Controlling Shareholder and Subsidiaries
✨ AI Summary
Hengyi Petrochemical Co., Ltd. announces the completion and termination of the employee trust plan stock sale by its controlling shareholder and subsidiaries. A total of 40,368,100 shares were purchased, representing 1.10% of the company's total share capital, for approximately RMB 299.93 million. The shares will be locked for 12 months starting from October 31, 2023.
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