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Chinese agchem companies merge

There have been three more Chinese agrochemical company mergers and takeovers, according to the latest report from China's Ministry of Industry and Information Technology (MIIT). The first involves Zhengzhou Dahe Chemical, with a registered capital of Yuan 5.6 million ($892,000 at the current rate), which will merge with Safe Technology (Henan), with a registered capital of $650,000. They form the new company, Henan Yuanjian Agricultural Technology,with registered capital Yuan 30 million ($4.8 million).


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