Dongyue silicon successfully landed on GEM

OnMarch 12, the listing ceremony of Shandong Dongyue silicone material Co., Ltd.(Dongyue silicon material) was held in the group's intelligent co**ol center."Dongyue silicon material" successfully landed on the growthenterprise market of Shenzhen Stock Exchange and officially listed for trading,with the stock code of 300821.

It is reported that the total number ofshares issued by Dongyue silicon material is 300 million shares, with theissuing price of 6.9 yuan / share. The sponsor is CSCEC securities. The totalamount of raised funds is 2.07 billion yuan, which is used for the deepprocessing project of 300 kt /a silicone monomer and 200 kt /a siliconedownstream products. The project is a major project for the transformation ofold and new kinetic energy in Shandong Province. After the completion of thefund-raising project, the total capacity of Dongyue silicone monomer will reach6000 kt /a (about 282kt /a opolysiloxane).