China Sunsine Subsidiary Appoints New Legal Representative to Meet Safety Regulations

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China Sunsine Chemical Holdings Ltd. ( (SG:QES) ) has shared an update.

China Sunsine Chemical Holdings Ltd. announced a change in the legal representative of its wholly-owned subsidiary, Shandong Sunsine Chemical Co., Ltd., to comply with new safety regulations issued by the Department of Emergency Administration of Shandong Province. Mr. Zhang Shun, the Group’s Deputy General Manager in charge of production and safety, has replaced Mr. Xu Jun due to the latter’s lack of required educational qualifications, ensuring compliance with the statutory requirements for safety production knowledge and management capabilities.

More about China Sunsine Chemical Holdings Ltd.

China Sunsine Chemical Holdings Ltd., listed on SGX-ST since 2007, is a leading specialty chemical producer specializing in rubber accelerators, insoluble sulphur, antioxidants, and other vulcanizing agents. It is recognized as the largest rubber accelerator producer globally and the biggest insoluble sulphur producer in China, serving over 75% of the world’s top 75 tire manufacturers, including Bridgestone, Michelin, Goodyear, Pirelli, and Sumitomo.

Average Trading Volume: 451,165

Technical Sentiment Signal: Buy

Current Market Cap: S$592M

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