Guangzhou Antas Chemical Recommends Guangzhou Jointas Chemical Cancellation of Some of the Repurchased Shares and Reduction of the Registered Capital

On April 14, 2020, Guangzhou Antas Chemical Co.,Ltd. urged Guangzhou Jointas Chemical Co., Ltd. to cancel some of the repurchased shares in total 998,019 shares to further increase the company's earnings per share and effectively increase the company's shareholders' return on investment.