---
title: "The major asset restructuring work of Sinochem Equipment Technology is progressing in an orderly manner"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258651410.md"
description: "On July 29, 2025, Sinochem Equipment Technology Co., Ltd. disclosed a restructuring plan, intending to issue shares to acquire 100% equity of Yiyang Rubber & Plastic Machinery Group Co., Ltd. and 100% equity of Bluestar Chemical Machinery Co., Ltd., and to raise supporting funds. This transaction constitutes a related party transaction and is expected to constitute a major asset restructuring, which will not lead to a change in control. The company's stock was suspended in July 2025 and later resumed trading"
datetime: "2025-09-24T08:17:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258651410.md)
  - [en](https://longbridge.com/en/news/258651410.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258651410.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258651410.md) | [繁體中文](https://longbridge.com/zh-HK/news/258651410.md)


# The major asset restructuring work of Sinochem Equipment Technology is progressing in an orderly manner

On July 29, 2025, Sinochem Equipment Technology Co., Ltd. disclosed a restructuring plan, intending to issue shares to acquire 100% equity of Yiyang Rubber & Plastic Machinery Group Co., Ltd. and 100% equity of Bluestar Chemical Machinery Co., Ltd., and to raise supporting funds. This transaction constitutes a related party transaction and is expected to constitute a major asset restructuring, which will not lead to a change in control. The company's stock was suspended in July 2025 and later resumed trading

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