---
title: "SINOCHEM INTERNATIONAL plans to acquire 100% equity of Nantong Xingchen, trading will be suspended starting tomorrow"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248581484.md"
description: "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"
datetime: "2025-07-15T10:06:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248581484.md)
  - [en](https://longbridge.com/en/news/248581484.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248581484.md)
---

# SINOCHEM INTERNATIONAL plans to acquire 100% equity of Nantong Xingchen, trading will be suspended starting tomorrow

According to the Zhitong Finance APP, Sinochem International (600500.SH) announced that it has received a notice from its controlling shareholder, China National Chemical Corporation (referred to as "Sinochem Corporation"). China National Chemical Holdings Co., Ltd. (referred to as "Sinochem") is planning an asset restructuring involving the company. The company intends to issue shares to acquire 100% equity of Nantong Xingchen Synthetic Materials Co., Ltd. (referred to as "Nantong Xingchen"), a wholly-owned subsidiary of China BlueStar (Group) Co., Ltd. (referred to as "BlueStar Group"). The relevant plan has not yet been finalized.

This transaction constitutes a related party transaction for the company. Preliminary estimates indicate that this transaction is not expected to constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies." This transaction will not result in a change of the company's actual controller and does not constitute a restructuring listing. The company's stock will be suspended from trading starting from July 16, 2025 (Wednesday), with the suspension expected to last no more than 10 trading days

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