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Wynca to acquire stake in Xinyi Zhongkai

Chinese agrochemical company Zhejiang Wynca Chemical will acquire a 20% share of Sino-Canadian agrochemical joint venture Xinyi Zhongkai Agro Chemical for Yuan 10 million ($1.5 million). Xinyi Zhongkai Agro Chemical is a joint venture between Xinyi Zhongkai Investment Management and Canada Kaima Enterprise, which hold 74.99% and 25.01% of the company, respectively.

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