Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Lianhe Technology buys 60% of Hubei Juntai

The Chinese-listed company, Lianhe Technology, has acquired a 60% stake in the Chinese chemical company, Hubei Juntai Pharmaceutical and Chemical. The majority holding was transferred at a price of Yuan 41.2 million ($6.5 million at the current rate). Hubei Juntai was established in October 2010 with a registered capital of Yuan 54.5 million (8.6 million). It primarily engages in the manufacture of pesticide and pharmaceutical intermediates. Pesticide intermediates are the main source of revenue for Lianhe Technology, with sales in the category increasing by 41.9% to Yuan 761 million ($120.3 million) in the first half of 2012. The company recently completed a 1,100 tonnes/year pesticide intermediate production line, which is undergoing evaluation.

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG006531

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel