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According to Zhitong Finance App, Tiande Chemical (00609.HK) issued an announcement. On December 29, 2025, the buyer Weifang Binhai Petrochemical Co., Ltd. (an indirect wholly-owned subsidiary of the company), the seller Zhejiang Zhongshan Chemical Group Co., Ltd. and the target company Weifang Zhongying Chemical Co., Ltd. signed an equity transfer agreement. The seller agreed to sell the equity interest for sale (that is, 49% of the target company's equity interest) at a cost of RMB 88 million. Upon completion, the target company will become an indirect wholly-owned subsidiary of the company. The target company is mainly engaged in R&D, manufacturing and sales of chemical products.

Zhitongcaijing·12/29/2025 12:25:03
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According to Zhitong Finance App, Tiande Chemical (00609.HK) issued an announcement. On December 29, 2025, the buyer Weifang Binhai Petrochemical Co., Ltd. (an indirect wholly-owned subsidiary of the company), the seller Zhejiang Zhongshan Chemical Group Co., Ltd. and the target company Weifang Zhongying Chemical Co., Ltd. signed an equity transfer agreement. The seller agreed to sell the equity interest for sale (that is, 49% of the target company's equity interest) at a cost of RMB 88 million. Upon completion, the target company will become an indirect wholly-owned subsidiary of the company. The target company is mainly engaged in R&D, manufacturing and sales of chemical products.