2 consecutive trading limits for Sinochem Equipment: The restructuring matters still need to undergo necessary internal decision-making procedures

Sinochem Equipment issued a notice of unusual movement, stating that the company is planning to issue shares to purchase assets and raise supporting funds. The auditing and evaluation work related to this transaction has not yet been completed. This transaction still needs to go through the necessary internal decision-making procedures and must be approved by the competent regulatory authorities before it can be officially implemented. There is still a certain degree of uncertainty regarding whether the relevant approval procedures for this transaction can be passed and the time required for approval