Hengli Petrochemical's controlling shareholder unpledges significant block of shares

Hengli Petrochemical Co., Ltd. announced that its controlling shareholder, Hengli Group Co., Ltd., has unpledged 60 million shares. This represents 2.86% of Hengli Group's holdings and 0.85% of the company's total share capital. The pledge registration was officially released on December 10, 2025.

Following this transaction, Hengli Group's total shareholding in Hengli Petrochemical remains at 2.1bn shares, accounting for 29.84% of the company's total share capital. The remaining pledged shares held by Hengli Group now stand at 1.108bn, representing 52.75% of its total holdings and 15.74% of the company's total share capital.

As of December 12, 2025, Hengli Group and its concerted parties collectively hold 5.31bn shares, representing 75.45% of Hengli Petrochemical's total share capital. The aggregate number of pledged shares for the group is 1.63bn, which constitutes 30.70% of their total holdings and 23.16% of the company's total share capital. The company will continue to monitor any further share pledge activities by the controlling shareholder and its concerted parties.