SINOCHEM INTERNATIONAL(SH:600500) Sou Hu Cai Jing·2025-10-29 10:27Core Viewpoint - Zhonghua International (600500) is progressing with a share issuance to acquire 100% equity of Nantong Xingchen Synthetic Materials Co., Ltd., a wholly-owned subsidiary of China BlueStar (Group) Co., Ltd. This transaction is classified as a related party transaction and does not constitute a major asset restructuring or a reverse listing [1] Group 1: Stock Performance - As of October 29, 2025, Zhonghua International's stock closed at 4.16 yuan, up 0.97% from the previous trading day [1] - The stock opened at 4.12 yuan, reached a high of 4.16 yuan, and a low of 4.09 yuan, with a trading volume of 80.78 million yuan and a turnover rate of 0.55% [1] Group 2: Transaction Details - The company announced the progress of the share issuance for asset acquisition and related party transactions [2] - The stock was suspended from trading from July 16, 2025, and resumed on July 29, 2025 [1] - The board of directors and supervisory board approved the transaction plan on July 27, 2025, and relevant documents were disclosed on July 29, 2025 [1] - Progress announcements were made on August 29 and September 29, 2025, indicating that due diligence, auditing, and evaluation are ongoing [1] - The transaction requires further approval from the board of directors, shareholders, and regulatory authorities, indicating some uncertainty [1]