Aim rule 26

The information in this section is being disclosed for the purposes of Rule 26 of the AIM rules for companies listed on the Alternative Investment Market ("AIM"). The Company’s shares are solely admitted to trading on AIM.

The Business

HaiKe Chemical Group Ltd is a petrochemical and speciality chemical business based in Shandong province, China. The Group’s principal products are gasoline and diesel oil produced through oil refining operations, as well as speciality chemical and biochemical products.

The Board of Directors

Please click on the links below for a description of the responsibilities of the members of the board of directors and details of any committees of the board of directors and their responsibilities:
Directors, Senior Management and Committee

Country of incorporation

The Company is incorporated in the Cayman Islands and its main country of operation is P. R. China.

Rights of Shareholders of a Non-UK Company

As the Company is incorporated and registered in the Cayman Islands, the rights of its shareholders may be different from the rights of shareholders in a UK incorporated company.

Articles of Association

Click a link below to open the file in a new window

HAIKE_Articles_of_Association.pdf [Attachment]
HAIKE_Articles_of_Association_revised.pdf [Attachment]

Shares in Issue

As at 16 December 2009, the number of AIM securities in issue is 38,353,571. As at 16 December 2009 the percentage of AIM securities in issue that are not in public hands is 61%.

Substantial Shareholdings

As at 16 December 2009, the Company’s share registrar recorded the following shareholdings in excess of 3% of the ordinary share capital:

HITECH CHEMICAL INVESTMENT LIMITED	21,219,042	55.32%
NORTRUST NOMINEES LIMITED GSYA ACCT	2,579,780	15.53%
VIDACOS NOMINEES LIMITED CLRLUX2 ACCT	1,876,771	11.30%
ASHCOURT NOMINEES LIMITED	1,378,573	8.30%

The current issued share capital of BVI Co is held by an aggregate of 44 employees of the Group, including Mr. Yang and Mr. Zhang, directors of the Company.

Restrictions on the Transfer of AIM Securities

There is no restriction on the transfer of the AIM securities. However, the Articles of Association of the Company give the Directors, in their absolute discretion, the power to refuse the transfer of shares in certain instances (except shares held in CREST or another securities transfer system).

Further details on the transferability of shares can be found in the Part V and Part VI of the Admission Document.

HaiKe Admission Document.pdf [Attachment]