Hunan Haili Chemical Industry Co., Ltd. completed the acquisition of Hunan Haili Lithium Battery Technology Co., Ltd. from group of sellers.
March 30, 2022
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Hunan Haili Chemical Industry Co., Ltd. (SHSE:600731) intends to acquire Hunan Haili Lithium Battery Technology Co., Ltd. from group of sellers for CNY 97.8 million on December 28, 2021. As part of the transaction, Hunan Haili will acquire 37.5% stake from Hunan Haili High & New Technology Industry Group Co., 13.63% stake from Jiangsu Huada, 13.63% stake from Qianhai Xinnuo, 6.38% from Hunan Haguo, 5.13% from Zhang Zhen, 3.13% from Wei Ming, 1.86% each from Wang Dan and Liu Hui, 1.25% from Xu Lihui, 1.13% each from Xiao Xiang, Du Shenghua and Zhou Bo, 1.06% from Zhang Liuhong, 0.88% each from He Zhouchu, Peng Aiguo and Zheng Xiangning, 0.75% each from Wu Fangjun, Yu Changyan and Lei Zhiyan, 0.69% from Yao Hua and 0.63% each from Li Meiping, Liu Shudong, Long Haibo, Yao Can, Ou Xiaoming, Yao Benxing, Liu Aiping, Chen Mengyun and Xiao Wei. Hunan Haili will use own funds of CNY 97.8 million to finance the acquisition. As of September 30, 2021, Hunan Haili Lithium Battery reported Total assets of CNY 189.2 million and Owners' equity of CNY 87.89 million. The transaction is approved unanimously Board of Hunan Haili.
Hunan Haili Chemical Industry Co., Ltd. (SHSE:600731) completed the acquisition of Hunan Haili Lithium Battery Technology Co., Ltd. from group of sellers on March 31, 2022.
Hunan Haili Chemical Industry Co Ltd is a China-based company mainly engaged in the research, development and production of chemical pesticides. The Company operates primarily through four segments. The Agricultural Pesticides segment is mainly engaged in the production and sales of chemical pesticides. The Company's chemical pesticides mainly include carbamate pesticides, organophosphorus pesticides and their compound preparations, insecticides, fungicides and herbicides. The Lithium Battery segment is mainly engaged in the production and sales of energy storage materials such as power lithium manganate, high-capacity lithium manganate, and ternary material series. The Other segment is mainly engaged in the production and sales of fine chemical products and vegetable seeds. The Company mainly conducts its businesses in domestic and overseas markets.
HUNAN HAILI CHEMICAL INDUSTRY CO.,LTD. 
