Yasen Chemicals (stock code: 600319.SH) intends to issue shares to acquire 100% equity of Tianyi Chemical. Trading of the company's shares will resume on November 18.

Zhixin Finance and Economics APP news, Yaxing Chemical (600319.SH) announced that the company plans to purchase 100% equity of Tianyi Chemical held by 24 shareholders including Tianyi Holding through the issuance of shares and cash payment. At the same time, the listed company plans to issue shares to raise matching funds from no more than 35 specific investors, including Weifang City Construction Investment Group.