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[Hengyi Petrochemical: Plans to acquire 51% of Shaoxing Hengming’s equity for RMB 1.201 billion] On November 12, Hengyi Petrochemical (000703.SZ) announced that the company’s wholly-owned subsidiary Hengyi Co., Ltd. planned to acquire the 51% equity of Shaoxing Hengming held by Fujian Kunyu for RMB 1.201 billion in cash, constituting a related transaction. In addition, the controlling shareholder Hengyi Group plans to provide an additional 3 billion yuan in short-term liquidity support to the company, with the annual interest rate based on the latest one-year LPR for a period of 12 months. The proposal needs to be submitted to the shareholders' meeting for review.
A-share announcement express 🕐 2026-11-12 19:22
#A-share announcement express
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