Leshan Wutongqiao District Development Industrial Investment Co., Ltd. completed the acquisition of a 5.99% stake in Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. from Sichuan Leshan Fuhua Crop Protection Technology Investment Co., Ltd.
May 05, 2022
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Leshan Wutongqiao District Development Industrial Investment Co., Ltd. entered into an agreement to acquire a 5.99% stake in Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. (SHSE:600389) from Sichuan Leshan Fuhua Crop Protection Technology Investment Co., Ltd. for approximately CNY 650 million on March 20, 2022. The transfer price is CNY 36.77 per share.
Leshan Wutongqiao District Development Industrial Investment Co., Ltd. completed the acquisition of a 5.99% stake in Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. (SHSE:600389) from Sichuan Leshan Fuhua Crop Protection Technology Investment Co., Ltd. on May 6, 2022.
NANTONG JIANGSHAN AGROCHEMICAL & CHEMICALS Co., LTD. is a China-based company, principally engaged in the research and development, production and sales of pesticide products, chemical products and cogeneration steam. The Company's pesticide products include glyphosate, dichlorvos, acetochlor and prochloraz, and preparations, including water aqua, missible oil and water soluble granules. The main chemical products and intermediates include caustic soda, hydrogen, chlorine and phosphorous acid. The Company is also engaged in trading business of related products.
Leshan Wutongqiao District Development Industrial Investment Co., Ltd. completed the acquisition of a 5.99% stake in Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. from Sichuan Leshan Fuhua Crop Protection Technology Investment Co., Ltd.