According to Sinochem International's announcement, the company plans to purchase 100% of its shares in Nantong Star Group by issuing shares at a transaction price of 2,110 billion yuan and an issue price of 3.51 yuan/share. The corresponding number of shares issued is 601.15,900 shares, accounting for 14.35% of the total share capital after issuance. The shares acquired by Blue Star Group are locked in for 36 months, and will be extended for 6 months if certain conditions are met. This transaction constitutes a related transaction. It does not constitute a major asset restructuring or restructuring listing, and there are performance and impairment compensation commitments. The transaction still needs to be registered by the China Securities Regulatory Commission, and there is uncertainty about whether it will be approved.

According to Sinochem International's announcement, the company plans to purchase 100% of its shares in Nantong Star Group by issuing shares at a transaction price of 2,110 billion yuan and an issue price of 3.51 yuan/share. The corresponding number of shares issued is 601.15,900 shares, accounting for 14.35% of the total share capital after issuance. The shares acquired by Blue Star Group are locked in for 36 months, and will be extended for 6 months if certain conditions are met. This transaction constitutes a related transaction. It does not constitute a major asset restructuring or restructuring listing, and there are performance and impairment compensation commitments. The transaction still needs to be registered by the China Securities Regulatory Commission, and there is uncertainty about whether it will be approved.