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Sinochem Equipment plans to issue shares to purchase 100% of Yiyang Rubber & Plastic Machinery Group Co., Ltd. and 100% of Blue Star Chemical Machinery Co., Ltd. The Shanghai Stock Exchange is scheduled to review the transaction on July 20, 2026.
Yiyang Rubber & Plastic Machinery Group and Fraunhofer signed a strategic cooperation agreement on August 15, 2017, to build an intelligent rubber machinery digital manufacturing base in Yiyang, Hunan, with an investment of 500 million yuan.