China National Chemical Corporation will increase its holdings in China National Chemical Corporation

On February 19th, China National Chemical Corporation disclosed its shareholder increase plan. The controlling shareholder of China National Chemical Engineering Group Co., Ltd. (hereinafter referred to as China National Chemical Engineering), China National Chemical Investment Group Co., Ltd. (hereinafter referred to as China National Chemical Engineering), plans to increase its holdings in listed companies within 12 months, with a total increase amount of 200 million to 400 million yuan, and no price range set.



The announcement shows that there is no price range set for this increase in holdings. Based on a reasonable judgment of the value of China National Chemical Corporation's stocks, and taking into account the fluctuation of the company's secondary market prices and the overall trend of the capital market, the company will implement an increase plan in a timely manner. The increase in holdings will be funded by China National Chemical Corporation's own funds and self raised funds.