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Jushi Chemical (688669.SH) plans to transfer 70% of Jubochem's shares for 126 million yuan
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Zhitong Finance App News, Jushi Chemical (688669.SH) announced that on November 5, 2026, the company signed an “Equity Transfer Agreement” with Suzhou Wenjun Supply Chain Management Co., Ltd. (“Suzhou Wenjun”) to transfer 70% of the company's shares in Anhui Polygemene Chemical Technology Co., Ltd. (“Polymers”) to Suzhou Wenjun at a price of 126 million yuan. After the transaction was completed, the company still held 30% of Aggregate Chemical's shares, but Aggregate Chemical is no longer included in the scope of the company's consolidated statements. The purpose of this transaction is to optimize the company's business layout, further focus on the company's core business, and improve the quality and efficiency of operations.

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