Jiangnan Chemical Industry: Successfully won the bid for 100% equity of Shun'an blasting company.

Jiangnan Chemical announced that the company has received a "Trading Result Notice" from the Chongqing United Stock Exchange, confirming that the company has successfully won 100% equity of Chongqing Shun'an Explosives Equipment Co., Ltd. (referred to as "Shun'an Explosives") through public delisting. Previously, the company announced on October 10th that acquiring 100% equity of Shun'an Explosives can further explore market opportunities in regions such as Chongqing, Sichuan, Guizhou, and Yunnan, providing important support for the company to build its explosive sector layout in the southwestern region.