SINOCHEM INTERNATIONAL plans to acquire 100% equity of Nantong Xingchen, trading will be suspended starting tomorrow
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SINOCHEM INTERNATIONAL announced that it will acquire 100% equity of Nantong Xingchen, involving asset restructuring matters. This transaction is a related party transaction and is expected not to constitute a major asset restructuring, nor will it lead to a change in the actual controller. The company's stock will be suspended from trading on July 16, 2025, with the suspension period expected to not exceed 10 trading days
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