Wanhua Chemical Petrochemical Co., Ltd. has undergone an industrial and commercial change.

According to the Tianyan Cha business information, on September 2nd, Wanhua Chemical Petrochemical Co., Ltd. underwent a business change, with PETROCHEMICAL INDUSTRIES COMPANY K.S.C being added as a shareholder. The registered capital increased from 2.979 billion RMB to 3.972 billion RMB, and multiple executives also underwent changes. The company was established in April 2015, with Chen Yifeng as the legal representative. Its business scope includes the production of hazardous chemicals, the operation of hazardous chemicals, and the production of chemical products. Shareholder information indicates that the company is currently jointly owned by Wanhua Chemical and the aforementioned new shareholder.