Will Danhua Technology be reorganized in 2022?

No. Danhua Technology, formerly known as Shanghai Hero Industrial Development Company, began to restructure its shareholding system in September 1993. Official website shows that Danhua Technology has no restructuring plan in 2022. The first-phase ethylene glycol oxalic acid project of Tongliao Jinmei, which the company plans to inject, is scheduled to be put into production around September, and its production technology adopts the technology of Institute of Material Structure of Chinese Academy of Sciences, which is at the international leading level.