DeMei Chemical: Intends to increase the capital of its holding subsidiary by 100 million yuan.
Demei Chemical Industry Announcement: The company plans to increase the capital of its holding subsidiary Zhejiang Derong Chemical Industry Co., Ltd. by 100 million yuan using its own funds. Another shareholder, Zhejiang Petrochemical Co., Ltd., will also proportionately increase its capital by 100 million yuan. Before this capital increase, the registered capital of Derong Chemical Industry was 14.2 billion yuan, and after the increase, it will be 16.2 billion yuan. This matter was approved at the 16th meeting of the 8th Board of Directors of the company on June 18, 2026, and does not constitute a related party transaction or a significant asset restructuring.
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