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On May 23, Beijing Yingtai Jiahe Biotechnology Co.
, Ltd.
(hereinafter referred to as "Yingtai Bio") issued an announcement stating that Jiangsu Changlong Agrochemical Co.
, Ltd.
(hereinafter referred to as "Changlong Agrochemical") intends to increase the registered capital from RMB 258 million to RMB 296 million, that is, Jiangsu Changlong Agrochemical Co.
, Ltd.
will increase its registered capital by RMB 38 million, of which Shandong Fuer subscribes and contributes RMB 14 million.
Changlong Agrochemical’s other existing shareholders subscribed and contributed RMB 24 million
.
The business scope of Changlong Agrochemical mainly includes: production of pesticide technicals, pesticide preparations and by-products sodium hydroxide and phosphoric acid; production of stearyl chloride and hydrochloric acid; sales of products produced by the company; production and sales of 2-cyanophenol; sales of chemical products ; Operate the export business of the company's self-produced products and technologies and the import business of machinery and equipment, spare parts, raw and auxiliary materials and technologies required by the company, except for goods and technologies that are restricted by the state for company operations and prohibited by the state
.
According to the announcement, this investment is conducive to strengthening the capital strength of Changlong Agrochemical, expanding its business scale, improving market competitiveness, and helping Changlong Agrochemical and the company's overall development and long-term planning
.
, Ltd.
(hereinafter referred to as "Yingtai Bio") issued an announcement stating that Jiangsu Changlong Agrochemical Co.
, Ltd.
(hereinafter referred to as "Changlong Agrochemical") intends to increase the registered capital from RMB 258 million to RMB 296 million, that is, Jiangsu Changlong Agrochemical Co.
, Ltd.
will increase its registered capital by RMB 38 million, of which Shandong Fuer subscribes and contributes RMB 14 million.
Changlong Agrochemical’s other existing shareholders subscribed and contributed RMB 24 million
.
The business scope of Changlong Agrochemical mainly includes: production of pesticide technicals, pesticide preparations and by-products sodium hydroxide and phosphoric acid; production of stearyl chloride and hydrochloric acid; sales of products produced by the company; production and sales of 2-cyanophenol; sales of chemical products ; Operate the export business of the company's self-produced products and technologies and the import business of machinery and equipment, spare parts, raw and auxiliary materials and technologies required by the company, except for goods and technologies that are restricted by the state for company operations and prohibited by the state
.
According to the announcement, this investment is conducive to strengthening the capital strength of Changlong Agrochemical, expanding its business scale, improving market competitiveness, and helping Changlong Agrochemical and the company's overall development and long-term planning
.
