Yip’s Chemical Announces 2020 Interim Results Sales Revenue Amounted to HK$4.47 billion Interim Dividend Payout of HK6 cents per share

Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Group”) announced its interim results for the six months ended 30 June 2020 (“the period under review”).

Yip’s Chemical’s Proposed Spin-off of Ink Business Receives Approval from the Hong Kong Stock Exchange

Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Group”) is pleased to announce today that the Group has achieved new progress in relation to the proposed spin-off of the A shares of Bauhinia Variegata Ink & Chemicals (Zhejiang) Limited (“Bauhinia Variegata Zhejiang”), which is principally engaged in the ink business, for a separate listing on the Shenzhen [...]

Yip’s Chemical Announces Plan to Spin off Ink Business Seeks Separate Listing on the Shenzhen Stock Exchange to Accelerate Expansion

Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Group”) today announces a proposed spin-off and separate listing of its ink business operated under Yip’s Ink & Chemicals (Group) Limited (“Yip’s Ink Group”), an indirect wholly-owned subsidiary of Yip’s Chemical and the holding company of Bauhinia Variegata Ink & Chemicals (Zhejiang) Limited (“Bauhinia Variegata Zhejiang”), on the Shenzhen Stock Exchange. Bauhinia Variegata Zhejiang will become the listing vehicle and the holding company of the Group’s subsidiaries which are engaged in the ink business. The Bauhinia Variegata Zhejiang Group (Bauhinia Variegata Zhejiang and its subsidiaries) is the largest ink manufacturer in the PRC and one of the top 20 ink manufacturers internationally by annual sales in 2019.

Fully Supports over 3,000 Grassroot Families in Hong Kong Fighting against the COVID-19 Pandemic

Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Group”) donates its “EUCA” branded personal and household sanitization products, which will soon be launched in the market, to the Hong Kong Young Women’s Christian Association (”HKYWCA”). More than 6,000 bottles of moisturizing hand sanitizer and alcohol-free hand sanitizing foam will be donated to over 3,000 families in need, including single-parent (mother) families. The Group’s volunteers helped pack the anti-pandemic kits at the Shatin Integrated Social Service Centre of HKYWCA last Friday and expressed warm regards to a number of beneficiary families.

Yip’s Chemical Announces 2019 Annual Results Profit Attributable to Owners Increases to HK$273 million Total Dividend Payout Increases to HK20 Cents Per Share

Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Group”) announced its annual results for the year ended 31 December 2019 (“the year under review”).

葉氏化工於國內捐贈逾230噸消毒酒精 履行企業社會責任 同舟共濟抗擊疫情 (Chinese version only)


Yip’s Chemical Plans to Establish a New Solvents Production Base in Gaolan Port, Zhuhai

Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Group”) announced its plan to establish a new solvents production base in the economic development zone of Gaolan Port, Zhuhai. Mr. Zhao Chu Bang, General Manager of Jiangmen Handsome Chemical Development Limited (”Jiangmen Handsome”), a subsidiary of the Group specializing in solvents business, and the representatives of the management committee of the economic development zone of Gaolan Port, Zhuhai held a signing ceremony earlier. Both parties have reached an intention of cooperation, pursuant to which the Group plans to purchase a parcel of land with an aggregate area of 70 mu (畝).

Yip’s Chemical Increases Its Equity Stake in Damai to 61% Seizes Business Opportunities in the Automobile Aftermarket Develops Diversified Business Model

Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Group”) announced that it further injected RMB41 million in Damai, a car maintenance chain brand in China, increasing its shareholding in the company to 61%. By increasing its shareholding in Damai, the Group further seized the business opportunities in the automobile aftermarket and accelerated its operational transformation from asset-oriented to service and end-user oriented, to establish a sound foundation for the Group to develop a diversified business.