China National Chemical Engineering assistant general manager plans share sale

Nie Ningxin, assistant general manager of China National Chemical Engineering Co., Ltd., plans to reduce his shareholding in the company. Nie currently holds 240,000 shares, representing 0.0039% of the company's total share capital. The proposed sale involves up to 60,000 shares, which constitutes no more than 25% of his total holdings, representing 0.00098% of the company's total share capital.

The share reduction will be executed through centralized bidding, with the selling price determined by market prices at the time of the transaction. The planned period for this divestment is from December 10, 2025, to March 9, 2026, excluding periods where legal restrictions on share sales apply. The shares to be sold were acquired through equity incentives, and the reason for the sale is stated as personal financial needs.

China National Chemical Engineering confirmed that this share reduction is not expected to lead to a change in the company's control. The company stated it would actively ensure compliance with relevant laws, regulations, and internal policies during the implementation of the plan, and promptly fulfill information disclosure obligations.