Shiming Technology announced that the company and its wholly-owned subsidiary Shiying Capital signed an agreement with Longan Capital to transfer 17% of the subsidiary Kaimen Additives to Longan Capital at a price of RMB 33.32 million. As of the date of disclosure of the announcement, Kaimen Additives has completed the registration procedure for the industrial and commercial change of 17% of its shares and obtained a “Notice of Filing” issued by the Market Supervision Administration of Yunxi District, Yueyang City.

Shiming Technology announced that the company and its wholly-owned subsidiary Shiying Capital signed an agreement with Longan Capital to transfer 17% of the subsidiary Kaimen Additives to Longan Capital at a price of RMB 33.32 million. As of the date of disclosure of the announcement, Kaimen Additives has completed the registration procedure for the industrial and commercial change of 17% of its shares and obtained a “Notice of Filing” issued by the Market Supervision Administration of Yunxi District, Yueyang City.