Beiyuan Chemical announced that Shaanxi Hengyuan Investment Group Co., Ltd., which holds more than 5% of the shares, holds 900 million shares of the company, accounting for 22.66% of the total share capital. It plans to transfer no more than 218 million shares or 5.50% of the total share capital through an agreed transfer. The transfer period is within 6 months after the Shanghai Stock Exchange issues a confirmation letter. The transfer of this agreement will not result in a change in the controlling shareholder or actual controller of the company.

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