Zijin Mining Zinan Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 11.99% of stake in Anhui Jiangnan Chemical Industry Co.,Ltd. from Zhejiang Zhoushan Rushan New Energy Investment Partnership Enterprise (LP), managed by Zhejiang Crestvalue Capital Management Co., Ltd. and Dunan Holdings Group Co., Ltd.
November 25, 2022
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Zijin Mining Zinan (Xiamen) Investment Partnership Enterprise (Limited Partnership) signed the share transfer agreement to acquire 11.99% of stake in Anhui Jiangnan Chemical Industry Co.,Ltd. (SZSE:002226) from Zhejiang Zhoushan Rushan New Energy Investment Partnership Enterprise (LP), managed by Zhejiang Crestvalue Capital Management Co., Ltd. and Dunan Holdings Group Co., Ltd. for CNY 1.6 billion on November 14, 2022. Zijin Mining Zinan (Xiamen) will pay CNY 5.08 cash per share for 317,710,341 shares in Anhui Jiangnan Chemical Industry.
Zijin Mining Zinan (Xiamen) Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 11.99% of stake in Anhui Jiangnan Chemical Industry Co.,Ltd. (SZSE:002226) from Zhejiang Zhoushan Rushan New Energy Investment Partnership Enterprise (LP), managed by Zhejiang Crestvalue Capital Management Co., Ltd. and Dunan Holdings Group Co., Ltd. on November 25, 2022.
ANHUI JIANGNAN CHEMICAL INDUSTRY CO., LTD. is a China-based company, principally engaged in the research and development, manufacture and distribution of civilian explosives. The Company's main explosive products include colloidal emulsion explosives, powder emulsion explosives, expanded ammonium nitrate explosives, porous ammonium oil explosives, seismic charges, nonel detonators and industrial detonating fuses, among others. The Company also manufactures and sells civilian detonating equipment, as well as is engaged in the civil explosive engineering business. The Company distributes its products within domestic market and to overseas markets.
Zijin Mining Zinan Investment Partnership Enterprise (Limited Partnership) completed the acquisition of 11.99% of stake in Anhui Jiangnan Chemical Industry Co.,Ltd. from Zhejiang Zhoushan Rushan New Energy Investment Partnership Enterprise (LP), managed by Zhejiang Crestvalue Capital Management Co., Ltd. and Dunan Holdings Group Co., Ltd.
ANHUI JIANGNAN CHEMICAL INDUSTRY CO.,LTD. 
