Hebei Wanglian Agricultural Technology Co., Ltd. completed the acquisition of Ningxia Lanfeng Fine Chemical Co., Ltd. from Jiangsu Lanfeng Bio-chemical Co.,Ltd.
December 28, 2023
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Hebei Wanglian Agricultural Technology Co., Ltd. agreed to acquire Ningxia Lanfeng Fine Chemical Co., Ltd. from Jiangsu Lanfeng Bio-chemical Co.,Ltd (SZSE:002513) for CNY 20.50 million on December 25, 2023. Ningxia Lanfeng Fine Chemical reported Total assets worth CNY 320.3 million and Net liabilities of 9 millions on October 31, 2023. Transaction was already approved by Jiangsu Lanfeng Bio-chemical's board of director's.
Hebei Wanglian Agricultural Technology Co., Ltd. completed the acquisition of Ningxia Lanfeng Fine Chemical Co., Ltd. from Jiangsu Lanfeng Bio-chemical Co.,Ltd (SZSE:002513) on December 29, 2023.
Jiangsu Lanfeng Bio-chemical Co.,Ltd. is a China-based company mainly engaged in the manufacture of fungicides, herbicides, insecticides and the fine chemical intermediate products. The Companyâs products consist of fungicides, such as carbendazim suspending agents, carbendazim wettable powders, thiophanate-methyl wettable powders and others; herbicides, such as sugarcane herbicides; insecticides, such as chloronicotinyl insecticides, pyrethriods pesticides, acaricide and others, and fine chemical intermediate products, such as ethyl chloroformate and methylclhlorofonmate. The Company also provides raw materials, such as thiophanate-methyl raw materials, carbendazim raw materials and benomyl, as well as processing products, sulfuric acids and other products. The Company is also engaged in the research, development, production and distribution of pharmaceuticals. The Company distributes its products within domestic market and to overseas markets.
Hebei Wanglian Agricultural Technology Co., Ltd. completed the acquisition of Ningxia Lanfeng Fine Chemical Co., Ltd. from Jiangsu Lanfeng Bio-chemical Co.,Ltd.
JIANGSU LANFENG BIO-CHEMICAL CO.,LTD 
