Zhonghua Equipment on the 2nd consecutive board: The restructuring matters still need to undergo the necessary internal decision-making procedures.

Jin10 Data reported on July 30 that China National Chemical Equipment Corporation has released a notification regarding unusual movements. The company is planning an issuance of shares to purchase assets and raise matching funds. The auditing and evaluation work related to this transaction has not yet been completed. This transaction still needs to go through necessary internal decision-making procedures and must be approved by the competent regulatory authorities before it can be formally implemented. There is still some uncertainty regarding whether the relevant approval procedures for this transaction can be passed and the time it will take to do so.