Wanrun's subsidiary Jiujiu Chemical gets Beijing Stock Exchange listing application accepted

China Energy Conservation and Environmental Protection Wanrun Co., Ltd. announced that its controlled subsidiary, Yantai Jiujiu Chemical Co., Ltd., has received acceptance for its application to issue shares publicly to unspecified qualified investors and list on the Beijing Stock Exchange. The application materials were submitted on September 11, 2025, with an acceptance notice issued on September 18, 2025.

The decision to pursue this listing was approved by Wanrun's Sixth Board of Directors on July 9, 2025, and by the 2025 second extraordinary general meeting of shareholders on July 25, 2025. This move aligns with the company's strategic goals for its subsidiary.

Investors are cautioned that there are risks associated with the application, including the possibility that it may not pass the Beijing Stock Exchange's listing review or the China Securities Regulatory Commission's registration, or that the public offering could fail, preventing the listing.