Sinochem International: Intends to issue shares to acquire 100% equity of Nantong Xingchen, without any restrictions on restructuring.

Sinochem International announced that it plans to acquire 100% of the equity of Nantong Xingchen Synthetic Material Co., Ltd. held by China Blue Star through the issuance of shares. As of the date of this announcement, the relevant parties involved in this transaction are not under investigation for insider trading related to major asset restructuring. There have been no penalties imposed by the China Securities Regulatory Commission or legal authorities in the past 36 months for insider trading. Therefore, the parties involved in this transaction are not prohibited from participating in major asset restructuring of a listed company.