中化国际:拟发行股份购买南通星辰100%股权并披露进展

Core Viewpoint - The company plans to acquire 100% equity of Nantong Xingchen, a wholly-owned subsidiary of China BlueStar, through a share issuance, which is expected to constitute a related party transaction but does not qualify as a major asset restructuring or a restructuring listing [1] Group 1 - The company's stock will be suspended from trading starting July 16, 2025, and is set to resume trading on July 29, 2025 [1] - As of the announcement date, due diligence, auditing, and evaluation related to the transaction are progressing smoothly [1] - The formal plan will be reviewed and disclosed after another board meeting, and the transaction is subject to approval from the board, shareholders, and regulatory authorities, indicating some uncertainty [1]