Sinochem International: Proposed issuance of shares to purchase assets

China National Chemical Corporation (ChemChina) announces that the company plans to issue shares to purchase 100% equity of Nantong Xingchen Synthetic Material Co., Ltd., a wholly-owned subsidiary of China Blue Star Limited. This transaction is expected not to constitute a major asset restructuring as defined in the "Measures for the Administration of Major Asset Restructuring of Listed Companies," will not result in a change of the company's actual controller, and will not constitute a restructuring for listing. Trading of the company's stock will be suspended from July 16, 2025, and is expected to be halted for no more than 10 trading days.