Sinochem Group and ChemChina were approved to implement a joint reorganization

On March 31, with the approval of the State Council, China Sinochem Group Co., Ltd. (hereinafter referred to as “Sinochem Group”) and China National Chemical Corporation (hereinafter referred to as “China Chemical industry”) implement joint reorganization, and establish a new company with the State-owned Assets Supervision and Administration Commission of the State Council performing the…