Beiyuan Chemical announced that Shaanxi Hengyuan Investment Group Co., Ltd., the shareholder holding more than 5% of the company's shares, and Sun Junliang, its co-actor, intend to transfer 218,472,222 shares of the company held by Hengyuan Investment to the Xi'an Huiyuan Comprehensive Reform Enterprise Management Partnership through an agreed transfer. The transfer price per share is 3.24 yuan, and the total transaction price is 708 million yuan. Before this change in equity, the two held a total of 25.00% of the shares; after the change was completed, they held a total of 19.50% of the shares, which will not lead to a change in the controlling shareholder or actual controller of the company. The transaction still requires compliance confirmation and share transfer registration procedures by the Shanghai Stock Exchange.

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