Hengli Petrochemical: Controlling shareholder's person acting in concert releases pledge of 154 million shares

NBD AI Bulletin -- Hengli Petrochemical Co., Ltd (SH 600346, closing price: 38.21 yuan) on January 19 announced that Dechengli, the person acting in concert of the Company's controlling shareholder, released pledge of 154 million shares on January 15, 2021. The Company's controlling shareholder and the persons acting in concert currently own about 5.355 billion shares in total in the Company, accounting for 76.07% of the Company's total equity and they have cumulatively pledged 998 million shares, representing 18.64% of their holdings in the Company or 14.18% of the Company's total equity

The 2019 annual report shows that Hengli Petrochemical's main business is the petrochemical industry, others, accounting for 93.35%, 5.94% of revenue, respectively.

Hengli Petrochemical's chairman and general manager is Fan Hongwei, female, 54 years old, Chinese nationality, no overseas right of abode, bachelor's degree.

(By Gao Han)

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