Wanhua Chemical shareholder pledges more shares, increasing total to over 72%

Wanhua Chemical Group Co., Ltd. announced on December 5, 2025, that its shareholder, Prime Partner International Limited, has pledged an additional 9,000,000 shares. These shares represent 0.29% of Wanhua Chemical’s total share capital and 5.77% of Prime Partner International Limited’s total holdings.

This transaction brings Prime Partner International Limited's cumulative pledged shares to 112,655,045, accounting for 72.22% of its total shareholding of 155,993,282 shares. The shares were pledged to Huaxia Financial Leasing Co., Ltd. as collateral for a loan, with the pledge commencing on December 3, 2025, and concluding on December 8, 2028.

Prior to this transaction, Prime Partner International Limited had 103,655,045 shares pledged. The total percentage of its pledged shares relative to Wanhua Chemical’s total share capital is now 3.60%. The company confirmed that these pledged shares are not being used for performance compensation related to major asset restructurings or other guarantee purposes.