Shandong Haihua: to be publicly listed to transfer 83% of the equity and creditor's rights of Inner Mongolia Chenxing

[Shandong Haihua: plans to publicly list for transfer of 83% equity and creditor's rights in Inner Mongolia Chenxing] Xinhua News Agency, June 9, Shandong Haihua announced that the company decided to transfer 83% of the equity and creditor's rights of its holding subsidiary Inner Mongolia Haihua Chenxing Chemical Co., Ltd. (referred to as "Inner Mongolia Chenxing") through the Shandong property Rights Exchange Center. The initial listing price is not less than 86.4705 million yuan, of which the equity price is 6.3846 million yuan and the creditor's rights price is 80.0859 million yuan.