wanhua(SH:600309) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-03 22:59Group 1 - The company is enhancing the safety of raw material supply for its petrochemical business and diversifying operational risks through a joint venture with the Kuwait Petroleum Company (KPC) [2] - Kuwait Petrochemical Industries Company (PIC) is investing $638 million in the company's subsidiary, Wanhua Chemical (Yantai) Petrochemical Co., Ltd., acquiring a 25% stake [2] - KPC, established in 1980, is a major global oil and energy group responsible for exploring, producing, and selling all hydrocarbon resources in Kuwait, with an LPG export volume of approximately 4.5 million tons per year and a naphtha production of about 10 million tons per year [2] Group 2 - The capital increase transaction was completed on September 3, 2025, with the funds transferred to the Shandong Provincial Property Rights Trading Center [3] - The shareholding structure of Wanhua Chemical (Yantai) Petrochemical Co., Ltd. has been updated following the investment [3]