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According to Sinochem Equipment's announcement, the company plans to issue shares to purchase 100% of the shares of Yiyang Rubber & Plastic Machinery Group Co., Ltd. and 100% of the shares of Blue Star Chemical Machinery Co., Ltd., and raise supporting capital. The merger, acquisition and restructuring review committee of the Shanghai Stock Exchange is scheduled to meet on July 20, 2026 to review the transaction application. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission. It is uncertain whether approval and registration will be obtained, and the company will promptly disclose the progress.
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According to Sinochem Equipment's announcement, the company plans to issue shares to purchase 100% of the shares of Yiyang Rubber & Plastic Machinery Group Co., Ltd. and 100% of the shares of Blue Star Chemical Machinery Co., Ltd., and raise supporting capital. The Shanghai Stock Exchange M&A and Reorganization Review Committee is scheduled to meet on July 20, 2026 to review the transaction application. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission. It is uncertain whether approval and registration will be obtained, and the company will promptly disclose the progress.
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