Core Viewpoint - The legal opinion letter from Zhejiang Tiance Law Firm confirms the legality and compliance of Hengyi Petrochemical's controlling shareholder, Hengyi Group, in its plan to increase shareholding in the company, emphasizing the importance of maintaining investor confidence and supporting the company's sustainable development [1][12]. Group 1: Shareholder Information - Hengyi Group is a legally registered limited liability company with a registered capital of 51.8 million yuan, established on October 18, 1994, and operates in various sectors including investment and consulting services [7]. - As of the date of the legal opinion, Hengyi Group and its concerted action party, Hengyi Investment, collectively hold 1,745,271,755 shares, accounting for 47.60% of the total share capital of Hengyi Petrochemical [9]. Group 2: Shareholding Increase Plan - The purpose of the shareholding increase is to express confidence in the company's future development and to enhance investor confidence, with a planned investment amount between 25 million yuan and 50 million yuan [9][10]. - The share purchase price is set at a maximum of 9 yuan per share, with the implementation period from December 26, 2024, to June 25, 2025 [10]. - Funding for the share purchase will come from Hengyi Group's own funds and a special loan of up to 450 million yuan from the Development Bank of China [11]. Group 3: Compliance and Disclosure - The legal opinion confirms that Hengyi Group's actions comply with the Securities Law and the Regulations on the Management of Acquisitions, and the company has fulfilled its information disclosure obligations regarding the shareholding increase [12][14]. - The company has made several announcements regarding the progress of the shareholding increase, ensuring transparency and compliance with regulatory requirements [13].
恒逸石化: 浙江天册律师事务所关于恒逸石化股份有限公司控股股东增持公司股份之法律意见书