On the evening of December 15, Zhongtai Chemical announced that the company plans to acquire 15.173% of the shares of Xinjiang Huatai Heavy Chemical Co., Ltd. held by Agricultural Bank Financial Asset Investment Co., Ltd., Agricultural Bank Investment-Huatai Heavy Chemical Debt-to-Stock Investment Plan, and Shaanxi Financial Asset Management Co., Ltd. for 1.2 billion yuan. After the transaction was completed, Agricultural Bank Investment and Shaanjin Asset Management no longer hold shares in Huatai, and Huatai is still a holding subsidiary of the company. According to the “Shenzhen Stock Exchange Stock Listing Rules”, this transaction does not constitute a related transaction, nor does it constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Restructuring of Listed Companies”.

On the evening of December 15, Zhongtai Chemical announced that the company plans to acquire 15.173% of the shares of Xinjiang Huatai Heavy Chemical Co., Ltd. held by Agricultural Bank Financial Asset Investment Co., Ltd., Agricultural Bank Investment-Huatai Heavy Chemical Debt-to-Stock Investment Plan, and Shaanxi Financial Asset Management Co., Ltd. for 1.2 billion yuan. After the transaction was completed, Agricultural Bank Investment and Shaanjin Asset Management no longer hold shares in Huatai, and Huatai is still a holding subsidiary of the company. According to the “Shenzhen Stock Exchange Stock Listing Rules”, this transaction does not constitute a related transaction, nor does it constitute a major asset restructuring as stipulated in the “Administrative Measures on Major Asset Restructuring of Listed Companies”.