Shaanxi Xinghua Chemistry Co.,Ltd completed the acquisition of 51% stake in Shaanxi Yanchang Petroleum Yushen Energy Chemical Co., Ltd. from Shaanxi Yanchang Petroleum Co., Ltd.
February 28, 2023
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Shaanxi Xinghua Chemistry Co.,Ltd (SZSE:002109) agreed to acquire 51% stake in Shaanxi Yanchang Petroleum Yushen Energy Chemical Co., Ltd. from Shaanxi Yanchang Petroleum (Group) Co., Ltd. for approximately CNY 1 billion on December 28, 2022.
Shaanxi Xinghua Chemistry Co.,Ltd (SZSE:002109) completed the acquisition of 51% stake in Shaanxi Yanchang Petroleum Yushen Energy Chemical Co., Ltd. from Shaanxi Yanchang Petroleum (Group) Co., Ltd. on February 23, 2023.
Shaanxi Xinghua Chemistry Co., Ltd is a China-based company principally engaged in the production and sales of chemical fertilizers and chemical products. The Company's products include liquid ammonia, methanol, dimethyl formamide, mixed amines, ammonium chloride, soda ash, ammonium nitrate, nitric acid, compound fertilizers, iron powder, synthetic ammonia, industrial potassium nitrate and industrial gases. In addition, The Company also provides electricity and steam. The Company distributes its products both in the domestic market and to overseas markets.
Shaanxi Xinghua Chemistry Co.,Ltd completed the acquisition of 51% stake in Shaanxi Yanchang Petroleum Yushen Energy Chemical Co., Ltd. from Shaanxi Yanchang Petroleum Co., Ltd.
SHAANXI XINGHUA CHEMISTRY CO.,LTD 