Sinochem International announced that the company plans to purchase 100% of its shares from Blue Star Group by issuing shares. After the transaction is completed, Nantong Star will become a wholly-owned subsidiary of the company. After receiving the review and inquiry letter from the Shanghai Stock Exchange, the company worked with the intermediary agency to respond to the relevant issues. The relevant intermediaries reviewed and expressed clear opinions on the inquiry, and also revised the restructuring report to form a revised draft. The revisions included additional disclosure of the situation related to Nantong Zhonglan Engineering Plastics, a subsidiary of the target company, and updated industry information on some products. The rest were slightly improved, which did not affect the transaction plan.

Sinochem International announced that the company plans to purchase 100% of its shares from Blue Star Group by issuing shares. After the transaction is completed, Nantong Star will become a wholly-owned subsidiary of the company. After receiving the review and inquiry letter from the Shanghai Stock Exchange, the company worked with the intermediary agency to respond to the relevant issues. The relevant intermediaries reviewed and expressed clear opinions on the inquiry, and also revised the restructuring report to form a revised draft. The revisions included additional disclosure of the situation related to Nantong Zhonglan Engineering Plastics, a subsidiary of the target company, and updated industry information on some products. The rest were slightly improved, which did not affect the transaction plan.