According to China Chemical's announcement, the controlling shareholder, Nantou Company, a wholly-owned subsidiary of China Chemical Engineering, plans to transfer 4.9% of the shares each of Zhongtuo Company and Quntuo Company, with a total transaction amount of 130.21,117 million yuan. Its wholly-owned subsidiaries Sanhua Construction and Sihua Construction are shareholders of the two companies and relinquished priority purchasing rights in this transfer. The matter constituted a related transaction but did not constitute a major asset restructuring. As of the announcement date, the total amount of related transactions not reviewed by the shareholders' meeting in the past 12 months was 118 million yuan, accounting for 0.19% of the most recent audited net assets. There is no need to submit this transaction to the shareholders' meeting for review.

According to China Chemical's announcement, the controlling shareholder, Nantou Company, a wholly-owned subsidiary of China Chemical Engineering, plans to transfer 4.9% of the shares each of Zhongtuo Company and Quntuo Company, with a total transaction amount of 130.21,117 million yuan. Its wholly-owned subsidiaries Sanhua Construction and Sihua Construction are shareholders of the two companies and relinquished priority purchasing rights in this transfer. The matter constituted a related transaction but did not constitute a major asset restructuring. As of the announcement date, the total amount of related transactions not reviewed by the shareholders' meeting in the past 12 months was 118 million yuan, accounting for 0.19% of the most recent audited net assets. There is no need to submit this transaction to the shareholders' meeting for review.