Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. agreed to acquire 67% stake in Nantong Uniphos Chemicals Co., Ltd from Shanghai Wujin Fine Chemical Co., Ltd., Changzhou Wujin Water Quality Stabilizer Factory Co., Ltd. and Jiangyin Shuangma Chemical Co., Ltd for approximately CNY 180 million.
August 28, 2023
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Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. (SHSE:600389) agreed to acquire 67% stake in Nantong Uniphos Chemicals Co., Ltd from Shanghai Wujin Fine Chemical Co., Ltd., Changzhou Wujin Water Quality Stabilizer Factory Co., Ltd. and Jiangyin Shuangma Chemical Co., Ltd for approximately CNY 180 million on December 19, 2022. As of August 26, 2023, the transaction is approved by board of directors of Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd.
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.
Nantong Jiangshan Agrochemical & Chemicals Co.,Ltd. agreed to acquire 67% stake in Nantong Uniphos Chemicals Co., Ltd from Shanghai Wujin Fine Chemical Co., Ltd., Changzhou Wujin Water Quality Stabilizer Factory Co., Ltd. and Jiangyin Shuangma Chemical Co., Ltd for approximately CNY 180 million.
NANTONG JIANGSHAN AGROCHEMICAL & CHEMICALS CO.,LTD. 
