Sinochem International announced that the company plans to purchase 100% of the shares of Nantong Star Synthetic Materials Co., Ltd. by issuing shares. On July 8, 2026, the company received an audit inquiry letter from the Shanghai Stock Exchange requesting a response within 30 days. Due to the fact that some matters need to be further implemented and the working hours are long, the company applied for an extension of no more than 30 days to respond, and the response documents are disclosed and submitted for review before the deadline expires. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission. It is uncertain whether it will pass or when.

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