Huachang Chemical's actual controller changes, 24% equity transferred for 1.413 billion yuan

On the evening of September 1st, Huachang Chemical (002274) released an announcement that the company received notice from its controlling shareholder, Warner Investment, on August 25th that the other party is planning a control right change, which may result in a change of the listed company's controlling shareholder.

As the relevant matters have major uncertainties, in order to ensure fair information disclosure, protect the rights and interests of investors, and avoid the risk of sharp stock price fluctuations, the company's stock has been suspended from trading starting from the opening of the market on August 26th after applying to the Shenzhen Stock Exchange.

1.413 billion yuan finalized share transfer, actual controller changed to Cheng Renjie

The announcement disclosed that on August 29th, Warner Investment signed the "Share Transfer Agreement" with Suzhou Xuanli. Warner Investment plans to transfer 229 million shares of Huachang Chemical it holds to Suzhou Xuanli through an agreed transfer, accounting for 24% of the company's total share capital; the transfer unit price is 6.18 yuan per share, and the total transaction price is 1.413 billion yuan

After the completion of the equity change delivery, Suzhou Xuanli will replace Warner Investment as the controlling shareholder of Huachang Chemical, and Cheng Renjie will become the actual controller of the listed company. The company's stock will resume trading starting from the opening of the market on the morning of September 2nd, 2026.

Coal chemical industry as the main business, performance increased significantly in the first half of the year

According to the data, Huachang Chemical has been deeply engaged in the chemical main business, with business layout covering coal chemical industry, salt chemical industry, petrochemical industry and hydrogen energy, building a diversified industrial system.

In terms of performance, in the first half of 2026, the company's operating revenue was 4.016 billion yuan, a year-on-year increase of 24.85%; the attributable net profit was 123 million yuan, a year-on-year increase of as high as 1026.9%, and the basic earnings per share was 0.1293 yuan.