Zhitong Financial APP News, Jushi Chemical (688669.SH) issued an announcement that Anhui Longhua Chemical Co., Ltd. (hereinafter referred to as "Longhua Chemical"), a holding subsidiary of the company, received a letter issued by the National small and medium-sized Enterprises share transfer system Co., Ltd. On August 30th, 2023. Letter on consent to the public transfer of shares of Anhui Longhua Chemical Co., Ltd and listing in the national stock transfer system (share transfer letter (2023) No. 2629) It is agreed that Longhua Chemical shares should be publicly transferred and listed in the National share transfer system for small and medium-sized Enterprises (hereinafter referred to as "the New third Board"), in the form of collective bidding. When Longhua Chemical applied for public transfer and listing, the number of shareholders did not exceed 200. According to the regulations, CSRC was exempted from registration, and Longhua Chemical was subject to the supervision of unlisted public companies after listing.
The company said that Longhua Chemical's listing on the new third board will help broaden financing channels, promote its sustained and healthy development, enhance the market competitiveness of the company's phosphorus chemical sector, and effectively improve the value of assets held by the company. in line with the company's long-term development strategy.