Wanhua Chemical: Shareholder Yantai Zhongcheng releases 8 million shares of pledged stock.

Wanhua Chemical Group Co., Ltd. announced that Yantai Zhongcheng Investment Co., Ltd., a shareholder holding more than 5% of the company's shares, has completed the procedure for releasing part of the company's shares it held under pledge. The number of shares released this time is 8 million, accounting for 2.42% of its shareholding and 0.26% of the company's total share capital. The pledge was released on September 23. Yantai Zhongcheng holds 330,379,594 shares of Wanhua Chemical, accounting for 10.55% of the company's total share capital. After this release, a total of 73 million shares have been pledged, accounting for 22.10% of its shareholding and 2.33% of the company's total share capital. The shares released this time will not be used for future pledges.