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Donghe New Materials: Intends to transfer the equity holdings of the invested subsidiary and 49.00% of the equity of Magnesium New Energy to the actual controller of the company, Bi Shengmin.

date
21/07/2026
Donghe New Materials Company Announcement: In order to further optimize the company's business structure, focus on the development of core businesses, and improve the efficiency of asset operation and utilization, the company plans to transfer its 49% equity to the actual controller of the company, Bi Shengmin. After this transaction is completed, the company will no longer hold any equity in He Magnesium New Energy.
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