Workflow
滨海能源终止发行股份购买资产事项

Core Viewpoint - Binhai Energy (000695.SZ) announced the termination of its planned acquisition of 100% equity in Cangzhou Xuyang Chemical Co., Ltd. due to changes in market conditions and failure to reach consensus on commercial terms with transaction parties [1] Group 1 - The company intended to acquire the equity from Xuyang Group Co., Ltd., Xingtai Xuyang Coal Chemical Co., Ltd., Shenzhen Chuangtou Manufacturing Transformation and Upgrading New Materials Fund (Limited Partnership), and Agricultural Bank Financial Asset Investment Co., Ltd. [1] - The company planned to raise matching funds through a private placement of shares to no more than 35 qualified investors [1] - Following the announcement of the transaction plan, the company and related parties actively advanced the transaction work but ultimately decided to terminate it after thorough consideration and negotiations [1]