Pagoda Petrochemical intended to be subject to the Northwest Bearing 20% equity

Northwest Bearing (000595) January 17 Evening announcement, January 8, the company has issued a large shareholder China Great Wall Asset Management company agreement transfer company shares open to solicit the announcement of the transferee, the Great Wall Company intends to hold the shares of the company 43.3658 million shares, accounting for the company's total equity of 20%, Sold to eligible transferee in the form of a direct agreement transfer.　　During the collection period, the Ningxia Pagoda Petrochemical Group Co., Ltd. presented the transferee intention and submitted the relevant information, both sides have signed the agreement on share transfer. Company Bulletin shows that the Ningxia Pagoda Petrochemical Group Co., Ltd. Main petrochemical, coal chemical industry and ancillary industries.