The controlling shareholder of Wanhua Chemical Group Co., Ltd. Wanhua Industrial Group Co., Ltd. intends to carry out the Company's separation and overall listing related work. Given the material uncertainty of the matter, the Company's shares have been suspended.
Pursuant to the approval of Yantai Municipal People's Government for the listing of Wanhua Industrial Group Co., Ltd. as a whole, the Company has argued and negotiated with all parties concerned that the aforesaid matter constituted a major asset reorganization to the Company and upon the application of the Company, the share capital of the Company as of December 19, 2017 Suspension of the suspension of the company's preliminary planning major issues suspension time included in the suspension of major asset restructuring time that the company shares from December 5, 2017 continuous suspension of not more than one month.