2024Year1Month，The PETG facility independently developed and designed by the Company successfully went into production, and multiple independent patent were applied for around this facility. The research and production of downstream new energy and new material products continued to deepen, accelerating the extension of the downstream value chain. 2024Year3Month，Sierbang Petrochemical was recognized as a "Manufacturing Industry Champion Enterprise" by MIIT. 2024Year4Month，The Petrochemical Industry Group’s PDH Smart Factory project received the "2023 Most Influential Automation Project of the Year in China" award. 2024Year6Month，Petrochemical Industry Group became the first Company in the industry to receive and utilize nuclear power steam. 2024Year9Month，The Company established the world’s first "CO₂-to-polyester fiber" industrial chain using carbon-capture technology, earning the "International Textile Federation Sustainability and Innovation Award" and launched the carbon capture fiber brand "reocoer." 2024Year10Month，Sierbang Petrochemical successfully produced 200,000 tons/year of EVA products, increasing total production capacity to 500,000 tons/year. 2024Year11Month，The Company’s research and industrialization project for melt direct spinning technology of polyester composite fibers won the first prize for technological progress from the China National Textile and Apparel Council for 2024.

2022Year1Month，Upon the approval of the SCRC (in No. 4179 [2021] of SCRC Permit), the Company issued 1,111,528,326 shares to Shenghong Petrochemical Group Co., Ltd. and Lianyungang Bohong Industrial Co., Ltd., which were listed on the Shenzhen Stock Exchange on January 27, 2022. As of February 25, 2022, the total share capital of the Company was changed to 5,946,495,968 shares and the registered capital was changed to CN¥5,946,495,968 due to the increase in the number of shares of the Company as a result of the issuance of shares and the conversion of convertible corporate bonds to shares. 2022Year7Month，Upon the approval of the SCRC (in No. 4179 [2021] of SCRC Permit), the Company issued 266,714,109 ordinary shares in renminbi to 22 specific investors, which were listed on the SZSE on July 20, 2022. As of July 20, 2022, the total share capital of the Company was changed to 6,213,237,010 shares and the registered capital was changed to CN¥6,213,237,010 due to the increase in the number of shares of the Company as a result of the issuance of shares and the conversion of convertible corporate bonds to shares. 2022Year12Month，Upon the approval of domestic and overseas agencies, that is, the SCRC (in No. 3151 [2022] of SCRC Permit) and SIX Exchange Regulation AG, the Company completed all matters concerning GDR issuance and listing on the SIX Swiss Exchange on December 28, 2022. In that offering, 39,794,000 GDRs were issued, corresponding to 397,940,000 A shares of the Company as additional underlying securities. As of December 31, 2022, the total share capital of the Company was changed to 6,611,189,232 shares and the registered capital was changed to CN¥6,611,189,232 due to the increase in the number of shares of the Company as a result of this offering of GDRs of the Company and the conversion of convertible corporate bonds to shares.

2021Year3Month，Upon the approval of the SCRC (in No. 512 [2021] of SCRC Permit), the Company issued 50,000,000 convertible corporate bonds on March 22, 2021, with a total issuance amount of CN¥5,000,000,000, which were listed for trading on the SZSE on April 21, 2021.

2020Year7Month，Upon the approval of the SCRC (in No. 655 [2020] of SCRC Permit), the Company issued 805,810,644 ordinary shares in renminbi to a total of 15 specific investors, including Shenghong (Suzhou) Group Co., Ltd., which were listed on the SZSE on July 15, 2020. The total share capital of the Company was changed to 4,834,863,866 shares and the registered capital was changed to CN¥4,834,863,866.

2018Year8Month，Upon the approval of the SCRC (in No. 1204 [2018] of SCRC Permit), the Company issued 28,10816,777 shares in a non-public offering in August 2018, which were listed for trading on the SZSE on September 3, 2018. The total share capital of the Company was changed to 4,029,053,222 shares and the registered capital was changed to CN¥4,029,053,222. 2018Year9Month，According to the resolution of the first extraordinary general meeting of shareholders in 2018, the name of the Company was changed from “Jiangsu Wujiang China Eastern Silk Market Co., Ltd.” to “Jiangsu Eastern Shenghong Co., Ltd.” and the stock abbreviation was changed from “Eastern Market” to “Eastern Shenghong.”

2008Year7Month，According to the resolution of the second extraordinary general meeting of shareholders in 2008, the Company’s name was changed from “Wujiang Silk Co. Ltd.” to “Jiangsu Wujiang China Eastern Silk Market Co., Ltd.” and the stock abbreviation was changed from “Silk Share” to “Eastern Market.”

2006Year10Month，The convertible corporate bonds issued and listed by the Company were cumulatively converted to share capital of 29,860,967,674 shares. According to the resolution of the first extraordinary general meeting of shareholders in 2006, the Company transferred 7 shares for every 10 shares in capital surplus to all shareholders on the basis of 7,166,609,674 shares in total (par value of CN¥1 per share) as at the close of business on October 30, 2006, and the Company’s share capital was increased by CN¥50,162,6771. At that time, the total share capital of the Company was changed to CN¥12,182,364,445 and the registered capital was changed to CN¥12,182,364,445.

2002Year9Month，Upon the approval of the SCRC (in No. 85 [2002] of SCRC Issue), the Company issued convertible corporate bonds of CN¥800,000,000 on September 9, 2002, which were listed for trading on the SZSE on September 24, 2002.

2000Year4Month，Upon the approval of the SCRC (in No. 35 [2000] of SCRC Issue), the Company issued 105,000,000 ordinary shares in renminbi to the public in April 2000, which were listed for trading on the SZSE on May 29, 2000.

1998Year7Month，Jiangsu Eastern Shenghong Co., Ltd. (formerly known as “Wujiang Silk Co., Ltd.” and “Jiangsu Wujiang China Eastern Silk Market Co., Ltd.,” hereinafter referred to as the “Company”) is a limited-liability company incorporated jointly by Jiangsu Wujiang Silk Group Co., Ltd., Jiangsu Province Silk Group Co., Ltd., China Silk Industry Corporation, China National Garments Group Corp., and Suzhou Foreign Development Corporation upon the approval of the Jiangsu Provincial People’s Government (in No. 71 [1998] of Suzhou Government Reply). The Company was established on July 16, 1998, with a registered capital of CN¥313,000,000. 1998Year9Month，Upon the approval of the China Securities Regulatory Commission (SCRC) (in No. 223 [1998] of SCRC Issue and No. 224 [1998] of SCRC Issue), the Company issued convertible corporate bonds of CN¥200,000,000 in August 1998, which were listed for trading on the Shenzhen Stock Exchange (SZSE) on September 15, 1998.