Shanghai Daoqin Plastics Co., Ltd.

         day front, in group lower in investment development has company (below/following 简称“ in investment ”) acquisition group has company (below/following 简称“鲁西 group ”)39%股权 already formed 工商变 more 登记, in investment formed is group large shareholder.

        10 month 29 day, in investment and group shareholder 聊城市人民政府国 has assets tube/pipe 理委员会(below/following 简称“聊城市国资委”)签署《 strategy combined as agreement 》. according to agreement, di will separation 发挥各自 advantages, combined di 方资源, comprehensive add strong/high combined as, long stability strategy and combined as mechanism. 聊城市国资委原则同意 for group strategy heavy 组, formed in investment formed is group large shareholder 并取 控股权. combined as 事项尚需 di 方进一步磋商, formed positive agreement, method necessary 政府审批 and other 程序.

        鲁西 group

        鲁西 group is 山东省聊城市市 国 has enterprise group, has chemical industry, chemical industry new material, 化肥, design R&D, chemical industry and engineering, new can 源装备, trade and other industry sheet/plate block. currently, group formed and in chemical industry 园区面积 is 7平方公里, formed relatively is 完善 “煤, salt, fluorine, silicon and 石化” versus 互关联 product strip/profile, main/primary production polycarbonate (PC), caprolactam, nylon 6, acid, di oxygen water, more alcohol, green made cold agent, has machine silicon, chlorine material, alkali, chlorine 化苄, alcohol, and other type product.

         in investment acquisition group separation 股权, has 利于发挥各方 advantages, add strong/high chemical industry new material and high chemical industry industry combined as, 并进一步推动鲁西 group high quality development.