Stock Code: 000553 (200553) Stock Abbreviation: ADAMA A(B) Announcement No. 2021-32




                                   ADAMA Ltd.
  Announcement on the Transfer of State-owned Shares of
                          Controlling Shareholders

 The Company and all members of the Company’s Board of Directors confirm that
 all information disclosed herein is true, accurate and complete, with no false or
 misleading statement or material omission.


     ADAMA Ltd. (hereinafter referred to as the "Company") received a notice from
its shareholder Jingzhou Sanonda Holdings Co., Ltd. (hereinafter referred to as
"Sanonda Holdings") on August 9, 2021. Sanonda Holdings intends to transfer 5.14%
of the Company's shares it holds to Syngenta Group Co., Ltd. (hereinafter referred to
as "Syngenta Group") via free transfer (hereinafter referred to as the "Transfer"). The
relevant information is announced as follows:

     1. Overview of the Transfer

     Sanonda Holdings and Syngenta Group signed the "Share Transfer Agreement"
on August 9, 2021. Sanonda Holdings intends to transfer 5.14% of the Company’s
state-owned shares it holds to Syngenta Group via free transfer.

     2. Key information of the Transfer

      (1). The benchmark date and the transfer target

       1) The benchmark date for the Transfer is December 31, 2020.

       2) The subject of the Transfer is 5.14% of the Company's shares held by
Sanonda Holdings.

      (2). The relationship between the Company, the controlling shareholder and the
actual controller before and after the transfer

     Before the Transfer, the relationship chart between the Company and the
controlling shareholder and actual controller is as follows:


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Note 1: On March 31, 2021, with the approval of the State Council, Sinochem Group Co., Ltd.
and China National Chemical Corporation will implement a joint reorganization and establish a
new company, Sinochem Holdings Co., Ltd. On behalf of the State Council, the State-owned
Assets Supervision and Administration Commission of the State Council holds all the shares in
China Sinochem Holdings Co., Ltd. Sinochem Group Co., Ltd. and China National Chemical
Corporation are jointly controlled by China Sinochem Holdings Co., Ltd. As of the announcement
date, the aforesaid joint reorganization is still in progress. After the reorganization is completed,
China Sinochem Holdings Co., Ltd. will be the indirect controlling shareholder of the Company.


     After the Transfer, the relationship chart between the Company, the controlling
shareholder and the actual controller is as follows:




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     3. The impact of the Transfer on the Company and risk warning

     (1). The implementation of the Transfer will not lead to changes in the
Company's controlling shareholders and actual controllers, and the total number of
Company shares indirectly held by the actual controllers remains unchanged;

     (2). The Company will fulfill its information disclosure obligations in a timely
manner in accordance with relevant laws and regulations. Investors are advised to pay
attention to the Company's subsequent announcements and be cautious of the
investment risks.

     It is hereby announced.



                                              Board of Directors of ADAMA Ltd.

                                                                    August 11, 2021




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