Asia Star Chemical: Termination of asset reorganization and verification of relevant personnel's buying and selling of stocks.

date
13/02/2026
Asia Star Chemical announced that on January 13, 2026, the company decided to terminate the issuance of shares, payment of cash for the purchase of assets, and fundraising for related party transactions. The self-examination period was from November 18, 2025 to January 13, 2026, and the verification scope included the company, the transaction counterparty, and related individuals. The self-examination revealed that CITIC Securities' proprietary trading stock account bought 348,500 shares and sold 357,300 shares, with a balance of 0 shares at the end of the period; individual Zheng Mingliang bought 4,500 shares on December 30-31, 2025, and sold them on January 6, 2026. Both parties claimed that the transactions were unrelated to the restructuring. The conclusion of the self-examination is that the trading activities of the related parties and individuals are not insider trading.