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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1326396	Keyuan Petrochemicals Inc.	KEYP	Industrial Organic Chemicals (2860)	450538522

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1496052	Ltd Reward Delight	Unit 06, 21/F Beautiful Group Tower 77 Connaught Road Central K3 00000		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001 Per Share	Disposition	2016-12-19	53,051,001	$0.00	56,862,866	No	4	S	Indirect	By XinKe Petrochemicals Inc.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By XinKe Petrochemicals Inc.

Footnotes

On December 19, 2016, pursuant to a contribution agreement between Delight Reward Limited (the "Reporting Person"), and XinKe Petrochemicals Inc., a Nevada corporation ("XinKe"), the Reporting Person purchased 53,051,001 shares of common stock of XinKe, par value $0.001 per share ("XinKe Share") in exchange of 53,051,001 shares of common stock of Keyuan Petrochemicals, Inc. (the "Company"), par value $0.001 per share ("Keyuan Share"), in a private placement in reliance upon the exemption from securities registration afforded by Regulation D as promulgated under and/or Rule 4(a)(2) of the Securities Act of 1933, as amended.
On December 19, 2016, 7 shareholders of the Company respectively purchased an aggregate of 3,811,865 XinKe Shares in exchange for an aggregate of 3,811,865 Keyuan Shares.
As a result of the private placement described in footnote (1) and purchases described in footnote (2), XinKe became a shareholder of the Company holding approximately 90% of issued and outstanding Keyuan Shares and the Reporting Person became a beneficial owner of 56,862,866 Keyuan Shares through its ownership of XinKe.