Apr 13, 2021 10:15 PM (GMT+8) · EqualOcean
Yangmei chemical announced that on April 13, 2021, the company received a notice from Huayang Group, the controlling shareholder of the company, that Huayang Group intends to increase the capital and shares of Shanxi Lu'an Chemical Co., Ltd. by holding 24.19% of the shares of the company. The matter is in progress, and the company will pay close attention to the progress of the matter. After the completion of the capital increase and share expansion of Huayang Group, the controlling shareholder of the company will be changed to Shanxi Lu'an Chemical Co., Ltd., and the actual controller of the company will still be Shanxi state owned assets supervision and Administration Commission.