Huayuan Holdings: The company's actual ownership stake in Gude Electric Materials is relatively low

Gelonghui March 19 | Huayuan Holdings stated on the interactive platform that its controlling subsidiary, Suzhou Huayuan Venture Capital Partnership (Limited Partnership), indirectly invested in Gude Electric Material System (Suzhou) Co., Ltd. through a chain of equity links. After multiple layers of equity penetration calculations, the company’s actual shareholding in Gude Electric Material is relatively low. This investment is a normal financial investment activity and will not have a significant impact on the production and operation of the listed company.

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