Heli Technology acquired Shijie Chemical

Recently, Heli Technology Co.
, Ltd.
(hereinafter referred to as Heli Technology) acquired part of the equity of the original shareholders of Inner Mongolia Shijie Chemical Co.
, Ltd.
(hereinafter referred to as Shijie Chemical) with its own funds and controlled Shijie Chemical
.

It is understood that Shijie Chemical was established in 2018, located in Inner Mongolia Alashan League Economic and Technological Development Zone, is a collection of pesticide and fine chemical products research and development, production, sales in one of the manufacturing enterprises, with methanesulfachlor, propynylfluoxachlor and a number of chemical intermediate production lines
.

Before holding Shijie Chemical, the subsidiaries of Heli Technology already had production capacity
of sulfachlor and fluoxachlor.
After holding Shijie Chemical, Heli Technology will have a total annual output of 4,000 tons of methachlorfenamide and 3,000 tons of propargyl fluoxachlor, and the production capacity of the two raw materials will leap to the forefront
of the world.

Huang Zhiming, general manager of Heli Technology, said that after holding Shijie Chemical, Heli Technology will have 3 original drug production bases and 1 preparation production base, and the production layout is more reasonable
.
The new production capacity of flumioxachlor and methachlorchlor, including the complete supply chain integration of self-produced key intermediates, has effectively improved
the product supply capacity, supply stability and cost competitiveness of Heli Technology.