Asahi Group: Termination of extremely significant sale, extremely significant acquisition, and related transactions.

date
14/11/2025
Xuyang Group Announcement: The company has decided not to proceed with the proposed transaction involving the sale of equity in Cangzhou Xuyang Chemical Co., Ltd. in exchange for the consideration shares to be issued by Tianjin Binhai Energy Development Co., Ltd. The company has entered into a termination agreement with Tianjin Binhai Energy Development Co., Ltd., terminating the agreement and waiving and releasing their respective responsibilities. The Board of Directors believes that the termination of the agreement will not have a significant adverse impact on the Group's business operations and financial condition.