Substitution of the phenyl group in 2-hydroxychalcones by a 4-pyridine unit dramatically changes the network of chemical reactions of this compound: trans-chalcone-type (Ct), cis-chalcone-type (Cc), and a hemiketal (hydroxy-4-pyridinechromene) (B) and their protonated forms are formed, but the presence of a flavylium-type cation could not be detected even at very acidic pH Values. Moreover, whereas in 2-phenyl-2-benzopyrylium compounds B and Cc are generally elusive species whose kinetic processes in aqueous solutions occur oil the sub-second time-scale, in the present compound these species equilibrate on a timescale four orders of magnitude lower. Complete characterization of the equilibrium and kinetics of the reaction network could thus be achieved by H-1 NMR spectroscopy and UV/Vis spectrophotometry. ne network of chemical reactions exhibits cis-trans photoisomerization, as well as photochromism between the hemiketal and the chalcone-type species. The irradiation of Ct in MeOH/ H2O (1:1) at 365 nm produces B almost quantitatively through two Consecutive photochemical reactions: Ct -> Cc photoisomerization followed by Cc -> B photo ring Closure with a global quantum yield of 0.02. On the other hand, irradiation of B at 254 nm leads to it photostationary state composed by 80% Ct and 20%, B. with a quantum yield of 0.21.