Hangzhou Changyi Business Consulting Co., Ltd entered into an agreement to acquire unknown minority stake in Jiangxi Changjiu Nongke Chemical Co., Ltd from JiangXi ChangJiu Biochemical Industry Co., Ltd..
October 30, 2020
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Hangzhou Changyi Business Consulting Co., Ltd entered into an agreement to acquire unknown minority stake in Jiangxi Changjiu Nongke Chemical Co., Ltd from JiangXi ChangJiu Biochemical Industry Co., Ltd. (SHSE:600228) on October 29, 2020. Along with equity transfer a capital increase is also taking place. Post the completion of both the transactions, JiangXi ChangJiu Biochemical will not own any stake in Jiangxi Changjiu Nongke. The transaction has been approved by the Board of JiangXi ChangJiu Biochemical on October 29, 2020.
Fanli Digital Technology Co Ltd, formerly Jiangxi Fanli Digital Technology Co Ltd, is a China-based company principally engaged in the manufacture and distribution of acrylamide and other chemical products. The Company's other chemical products include urea, crude methanol, synthetic ammonia, silica hydrated, liquid carbon dioxide, plastic pipes, polyacrylamide, hydrogen, nitrogen and oxygen, among others. The Company distributes its products primarily in domestic market.
Hangzhou Changyi Business Consulting Co., Ltd entered into an agreement to acquire unknown minority stake in Jiangxi Changjiu Nongke Chemical Co., Ltd from JiangXi ChangJiu Biochemical Industry Co., Ltd..
FANLI DIGITAL TECHNOLOGY CO.,LTD 
