Jinzhou Petrochemical Co., Ltd. announces its merger with Beijing Chunhui Investment Co., Ltd., a wholly-owned subsidiary of China National Petroleum Corporation, through an absorption merger agreement signed by both parties. This merger was approved by the resolution of the second shareholders' meeting held on December 27, 2006. After the merger, Chunhui will continue to operate as the surviving company, while Jinzhou will cancel its legal status. According to the Company Law of the Peop
000763SZSE
Announcement on the Merger with Beijing Chunhui Investment Co., Ltd.
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Jinzhou Petrochemical Co., Ltd. announces its merger with Beijing Chunhui Investment Co., Ltd. through an absorption merger approved by shareholders on December 27, 2006. Following the merger, Chunhui will continue operations while Jinzhou will lose its legal status. Creditors have 45 days from December 28, 2006, to declare their claims.
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