Jilin Chemical Fibre controlling shareholder restructures equity with new investors

Jilin Chemical Fibre Co., Ltd. announced today that its controlling shareholder, Jilin Chemical Fibre Group Co., Ltd., has completed a capital increase through the introduction of new investors. The new shareholders include Jilin Provincial State-owned Assets Supervision and Administration Commission, Jilin Provincial Equity Investment Fund Co., Ltd., and Jilin Municipal State-owned Assets Supervision and Administration Commission.

Following the capital increase, Jilin Chemical Fibre Group's registered capital has increased from yuan 80,906.58 to yuan 250,836.58. The Jilin Municipal State-owned Assets Supervision and Administration Commission now directly and indirectly holds 67.09% of Jilin Chemical Fibre Group's equity.

Despite these significant changes in the equity structure of Jilin Chemical Fibre Group, Jilin Chemical Fibre Co., Ltd. confirmed that its controlling shareholder remains Jilin Chemical Fibre Group, and its ultimate actual controller remains the Jilin Municipal State-owned Assets Supervision and Administration Commission. Therefore, the company's control structure remains unchanged.