Wanhua Chemical shareholder reduces stake to 5%

PRIME PARTNER INTERNATIONAL LIMITED (Synthetic International), a shareholder of Wanhua Chemical Group Co., Ltd., announced a reduction in its stake, decreasing from 5.53% to 5.00%. This change, occurring between August 22, 2025, and October 22, 2025, involved the disposal of 16,469,647 shares through concentrated bidding on the Shanghai Stock Exchange, representing 0.53% of the company's total share capital. The total number of shares held by Synthetic International after the change is 156,523,582 shares.

The divestment is primarily driven by Synthetic International's capital and financial requirements. While no further increases in holdings are planned, the shareholder may continue to reduce its stake over the next 12 months, subject to market conditions. This equity change does not impact the company's controlling shareholder or actual controller.

As of the announcement date, 116,655,045 shares held by Synthetic International are pledged, accounting for 3.73% of Wanhua Chemical Group's total share capital. This transaction is part of a previously disclosed share reduction plan.