Sinochem International Corporation: The former controlling shareholder and actual controller Li Yu passed away. His wife Luo Rong will inherit 51.76% of the shares and become the actual controller of the company.

Zhonghuan Corporation announced tonight that due to the death of Li Yu, the original controlling shareholder and actual controller, his 53.6014 million shares of the company will be obtained by Luo Rong through the distribution of shared property between husband and wife and inheritance. After this change, Luo Rong becomes the controlling shareholder and actual controller of the company, while Li Qing, the daughter of Luo Rong, and Zhang Di, the son-in-law of Luo Rong, maintain their shareholdings unchanged.