On the evening of September 11, Dalian Thermal Power disclosed the draft of the Major Asset Disposal and Issuance of Shares to Purchase Assets and Raise Matching Funds and Related Transactions Report. Dalian Thermal Power intends to issue shares to Hengli Petrochemical and Hengli Chemical Fiber to purchase assets, purchasing 66.33% of the shares of Kanghui New Material held by Hengli Petrochemical and 33.67% of the shares of Kanghui New Material held by Hengli Chemical Fiber.

The draft shows that the transaction price of the assets to be disposed of by Dalian Thermal Power in this reorganization is 652 million yuan, and the transaction price of the assets to be purchased is 1.0153 billion yuan. After the completion of this transaction, Dalian Thermal Power will hold 100% of the shares of Kanghui New Material.