Bohai Chemical: Completes transfer of 49% equity of subsidiary, receiving 536 million yuan in transfer funds.

Bohai Chemical announced that the company passed resolutions at the board of directors and shareholders' meetings on March 27, 2026 and April 13, 2026 respectively to transfer 49% equity of its wholly-owned subsidiary Bohai Petrochemical to the controlling shareholder Tianjin Bohai Chemical Industry Group for 536 million yuan. As of the date of the announcement, the company has received the full transfer payment, and the business registration change of the target is still in process. Further progress will be disclosed in accordance with regulations.