BHCC(SH:600800) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-20 06:20Core Viewpoint - Tianjin Bohai Chemical Co., Ltd. has decided to terminate the planned major asset sale and related transactions, leading to the suspension and subsequent resumption of its stock trading [2][4][8]. Group 1: Transaction Overview - The company planned to sell 100% equity of Tianjin Bohai Petrochemical Co., Ltd. and acquire control of Anhui Taida New Materials Co., Ltd. through a combination of stock issuance and cash payment [2][3]. - The transaction was initiated with a letter of intent signed on December 5, 2025, involving Tianjin Bohai Chemical Group Co., Ltd. and Anhui Taida New Materials Co., Ltd. [2][3]. Group 2: Reasons for Termination - The termination was due to the inability of the parties to reach consensus on key terms of the transaction after extensive discussions [4][5]. - The letter of intent automatically terminated, and no party would bear liability for breach of contract [5]. Group 3: Impact Analysis - The termination of the transaction will not adversely affect the company's business operations, financial status, or the interests of shareholders, particularly minority shareholders [7]. - No formal agreements were signed, and the transaction was still in the planning stage, thus no negative impact is anticipated [7]. Group 4: Stock Resumption and Commitments - The company's stock will resume trading on December 22, 2025, following the termination of the transaction [8]. - The company commits not to plan any major asset restructuring within one month from the announcement date [8]. Group 5: Other Matters - The board expressed apologies for any inconvenience caused to investors and thanked them for their ongoing support [9].