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(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock code: 1103) COMPLETION OF TRANSFER OF DOMESTIC SHARES BY DOMESTIC SHAREHOLDERS

Reference is made to the announcements of Shanghai Tonva Petrochemical Co., Ltd. (the "Company") dated 24 April 2014 and 25 April 2014 (the "Announcements") in relation to, among other things, the disposal of Domestic Shares by Domestic Shareholders. Unless otherwise stated, capitalised terms used herein shall have the same meanings as defined in the Announcements.
The Board announces that the registration process of the following transfers of Domestic Shares has been completed:-
(1) the transfer of an aggregate of 32,762,997 Domestic Shares from Mr. Qian Wenhua ("Mr. Qian") and Mr. Li Hongyuan ("Mr. Li") to Shenzhen Dasheng Agricultural Group Co. Ltd. ("Shenzhen Dasheng") pursuant to the conditional supplemental agreement to the share transfer agreement dated 24 April 2014 has been completed on 31 December 2014; and
(2) the transfer of an aggregate of 200,457,003 Domestic Shares from Mr. Qian and Mr. Li to Zhenjiang Runde Equity Investment Fund Ltd. ("Zhenjiang Runde") pursuant to the conditional share transfer agreement dated 25 April 2014 has been completed on 31 December
2014.
Pursuant to the aforesaid agreements, Shenzhen Dasheng and Zhenjiang Runde are entitled to the bonus shares issued by the Company in accordance with the circular of the Company dated 9 May
2014 derived from the Domestic Shares mentioned hereinabove. Immediately after the completion of the aforesaid transfers of Domestic Shares, Shenzhen Dasheng holds 419,314,495 Domestic Shares, representing approximately 29.860% of the existing issued share capital of the Company and Zhenjiang Runde holds 300,685,505 Domestic Shares, representing approximately 21.412% of the existing issued share capital of the Company.

*For identification purposes only

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Shenzhen Dasheng is owned as to 70% by Mr. Lan Huasheng (an executive director of the Company and the chairman of the Board) and 30% by Mr. Lu Tingfu (a supervisor of the Company) through Dasheng Holdings Limited.
Zhenjiang Runde is wholly owned by Mr. Wang Liguo (an executive director of the Company).
Set out below is the shareholding structure of the Company immediately after the completion of the aforesaid transfers of Domestic Shares and as at the date of this announcement:-

Number of Percentage of shares held the total Name of shareholders (share) share capital

Domestic Shareholders:

Shenzhen Dasheng 419,314,495 29.860% Zhenjiang Runde 300,685,505 21.412%

Sub-total 720,000,000 51.272%

Holders of H Shares 684,285,000 48.728%

Total 1,404,285,000 100.000%
By Order of the Board

Shanghai Tonva Petrochemical Co., Ltd. Lan Huasheng

Chairman

Shanghai, PRC, 2 January 2015

As at the date of this announcement, the Board comprises three executive directors: Mr. Lan Huasheng, Mr. Mo Luojiang and Mr. Wang Liguo; one non-executive director: Mr. Chan Cheuk Wing Andy; and three independent non-executive directors: Mr. Chung Cheuk Ming, Ms. Pan Min and Mr. Zhou Jianhao.

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