300261SZSE

Announcement on the Extension of Pledge Period for Part of the Shares Held by the Controlling Shareholder

ABA Chemicals Corporation··2 pages

✨ AI Summary

Ningbo Yaben Holding Co., Ltd., the controlling shareholder of Yaben Chemical Co., Ltd., has extended the pledge period for 6,880,000 shares. This extension is for financing purposes and is not expected to change the company's actual control or have a substantial impact on its operations. The company assesses the overall pledge risk as controllable.

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Announcement on the Extension of Pledge Period for Part of the Shares Held by the Controlling Shareholder

The Company and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.

Yaben Chemical Co., Ltd. (hereinafter referred to as the "Company") recently received a notice from its controlling shareholder, Ningbo Yaben Holding Co., Ltd. (hereinafter referred to as "Ningbo Yaben"), stating that Ningbo Yaben has completed the extension of the pledge period for a portion of the company's shares it holds. The specific details are as follows:

I. Basic Information on Share Pledge by Shareholders

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