China Risun Group (1907) Announces Termination of Substantial Disposal, Acquisition, and Connected Transaction with Binhai Energy

Bulletin Express

2025/11/14

China Risun Group Limited (1907) reported on November 14, 2025, that it has terminated a previously announced transaction involving the disposal of equity interests in Cangzhou Risun Chemicals Limited to Tianjin Binhai Energy & Development Co., Ltd. (Binhai Energy) in exchange for consideration shares. The termination was executed through a termination agreement signed by Risun Group, Risun Coal Chemicals, Shenzhen Venture Capital, Agricultural Bank Assets, and Binhai Energy.

According to the announcement, the transaction was initially disclosed on May 16, 2025, but all parties have decided not to proceed. The board stated that ending the agreement will not materially impact the Group’s operations or financial position. China Risun Group will continue to explore potential strategic cooperation opportunities with Binhai Energy and provide relevant updates in accordance with Listing Rules as appropriate.

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