Hengli Petrochemical's controlling shareholder reduces pledged stock holdings

Hengli Petrochemical announced that an acting-in-concert party of its controlling shareholder, Hengli Group Co., Ltd., has released a portion of its pledged shares. Hengneng Investment (Dalian) Co., Ltd. (Hengneng Investment) unfroze 19,084,700 shares on August 27, 2025, and another 15,976,300 shares on August 28, 2025. Following these releases, Hengneng Investment now holds 1,498,478,926 shares, representing 21.29% of the total share capital, with 623,752,500 shares remaining pledged, or 41.63% of its holdings.

Collectively, Hengli Group and its acting-in-concert parties hold 5,310,675,080 shares, accounting for 75.45% of the company's total share capital. The total number of pledged shares for these entities is 1,805,252,500, representing 33.99% of their combined holdings and 25.65% of the company's total share capital. The company clarified that Hengneng Investment will decide on future pledge financing based on its own capital arrangements.

Hengli Petrochemical also published a notice for its Third Extraordinary General Meeting of 2025, to be held on September 9, 2025. The agenda includes a proposal for a cash dividend of yuan 0.08 per share (tax inclusive) for the first half of 2025, totaling yuan 563,127,982.88, which represents 18.46% of the net profit attributable to shareholders for the period.