China National Bluestar (Group) Co,Ltd. intends to acquire Shandong Bluestar Dongda (Nanjing) Co., Ltd. from Shenyang Chemical Industry Co., Ltd. (SZSE:000698) and Shandong Dongda Chemical Industry Co., Ltd. on October 27, 2022. Shenyang Chemical Industry holds 51% stake and Shandong Dongda Chemical Industry holds 49% stake in Shandong Bluestar. Shenyang Chemical's board approved the transaction.

For the period September 30, 2022, had CNY 79.46 million of total assets and CNY 79.46 million of net assets.