2 1 Shi Ji Jing Ji Bao Dao·2025-12-21 14:45Group 1 - Bohai Chemical announced the termination of its major asset restructuring plan, which involved the sale of 100% equity in Bohai Petrochemical and the acquisition of control over Taida New Materials, due to a lack of consensus on key terms among the parties involved [1][4] - The restructuring effort aimed to divest the loss-making propane dehydrogenation (PDH) business and transition towards fine chemicals, as the company faces ongoing challenges with demand and supply, resulting in continuous losses [4] - Bohai Chemical's revenue for 2023, 2024, and the first three quarters of 2025 were reported at 3.225 billion, 4.784 billion, and 2.809 billion respectively, with net profits of -522 million, -632 million, and -579 million [4] Group 2 - Nanjing Shanglv announced the termination of its acquisition of 100% equity in Nanjing Huangpu Hotel due to changes in market conditions [5][9] - The restructuring process for Nanjing Shanglv began in May 2024 and faced multiple challenges, including adjustments to the acquisition plan and temporary suspension of review by the Shanghai Stock Exchange [7][9] - For the first three quarters of 2025, Nanjing Shanglv reported revenue of 553 million, a year-on-year decline of 8.07%, and a net profit of 18.98 million, down 51.46% compared to the previous year [9]