 Home > Chemicals Industry > Rubber Plastic News > Wanhua Chemical buys 49% shares of China Chemical Hualu Company

Wanhua Chemical buys 49% shares of China Chemical Hualu Company

 Last Update: 2022-08-26
 Source: Internet
 Author: User

Tags

global chemical company

company profile examples

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On the evening of January 21, China Chemical (601117) disclosed the mixed improvement development of its wholly-owned subsidiary Hualu Engineering Technology Co.
, Ltd.
:

Wanhua Chemical (600309) acquired a 30% stake in Hualu Company through a bid of 424.
5 million yuan through the property rights exchange ;

The company's employee shareholding platform, Xi'an Win-win, acquired a 19% stake in Hualu Company through an over-the-counter transaction of 269 million yuan .

The mixed ownership reform implemented by the company in Hualu Company has formed a good shareholding structure of China Chemical, Wanhua Chemical and an employee shareholding platform by releasing 49% of Hualu Company’s equity, which is conducive to the release of enterprise development vitality .

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

High-Pigment-Load Dispersant for Maximum Color Strength in Decorative Coatings

CAS No.: 27306-78-1

Industrial Grade

$4.28/KG EXW

CAS 117-81-7 Plasticizer Dioctyle Phthalate DOP 99% for Rubber and Plastics

CAS No.: 117-81-7

Industrial Grade

$1200-1560/MT FOB

Factory Price PPSU Resin Toughen Grade Chemical Resistant Engineering Plastics PPSU Granules Raw Material

CAS No.: 9002-88-4

Industrial Grade

$136/UNIT FOB

Hot Tags

jobs united states(236)

united states jobs(223)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

ups united states(221)

announcements today(81)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.