Sinochem International’s Share-Swap Bid for Nantong Xingchen Materials Accepted for Review by Shanghai Stock Exchange
2026-06-30 09:08:02
Sinochem International said it plans to acquire 100% of Nantong Xingchen Synthetic Materials Co., Ltd. by issuing shares, according to 36Kr. The company said it received a notice on June 29, 2026 that the Shanghai Stock Exchange has accepted the application for review after determining the filing documents were complete and met statutory form requirements. The transaction remains subject to approval by the exchange and registration consent from the China Securities Regulatory Commission (CSRC), and its completion is uncertain.
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