Asia Star Chemical: Planning for a major asset restructuring, stock continues to be suspended to facilitate the transaction.

Asia Star Chemical announced that the company is planning to acquire a controlling stake in Tianyi Chemical through issuing shares and paying cash, or to acquire shares from other shareholders simultaneously. The company also plans to issue shares to raise supporting funds, which is expected to constitute a significant asset restructuring and related party transaction, not resulting in a change of controlling shareholders, and not constituting a restructuring for listing. The company's stock has been halted from trading since November 4, 2025. As of the disclosure date of the announcement, the transaction is still in the planning stage and the specific plan is under discussion and verification, with uncertainties. To avoid abnormal fluctuations in stock price, trading of the stock will continue to be suspended until the matter is finalized before applying for resumption of trading.