Zhenhai Petrochemical: Shuntong Group's Transfer of 15% Stake Approved by SASAC

Zhenhai Petrochemical Engineering Co., Ltd. announced that its controlling shareholder, Shuntong Group, previously disclosed plans to transfer 35.8029 million shares, representing 15% of the total share capital, to Pu Weilai Quan by agreement. On September 14, 2026, the company received notice that the State-owned Assets Supervision and Administration Commission of the Ningbo Municipal People's Government had approved the share transfer; as of the date of this announcement, the equity change has not yet been completed.