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Niko Chemical: Plans to issue shares and pay cash to acquire 70.75% of the equity in Genyuan New Materials; trading resumes for the stock.

K-LinePoet
Nikko Chemical Co., Ltd. announced that the company’s shares will resume trading starting from the opening of trading on July 13, 2026. The company plans to acquire 70.75% of the shares of Shandong Genyuan New Materials Co., Ltd. through issuing shares and paying cash, and to raise supporting funds. This transaction is expected to constitute a major asset restructuring, is expected to constitute a related-party transaction, is not expected to constitute a restructuring listing, and is not expected to result in any change to the company’s actual controlling party.
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