Hebei Lansheng Biotech Co., Ltd.
Beijing Multigrass Formulation Co., Ltd.

Sinochem’s wholly-owned subsidiary to become Win-All High-Tech Seed’s largest shareholderqrcode

Nov. 21, 2018

Favorites Print
Forward
Nov. 21, 2018
On November 16, Win-All High-Tech Seed Ltd announced the decision of Sinochem’s wholly-owned subsidiary Sinochem Agriculture Holdings to become its largest shareholder by holding 21.50% of the stakes of the company via the acquisition of shares of the initial shareholders.
 
Sinochem Group is the controlling shareholder of Sinochem Agriculture Holdings, being actually under the control of China’s State-owned Assets Supervision and Administration Commission. Sinochem Group is one of the four prime oil companies of China, being a leading chemicals and comprehensive service provider, as well as China’s largest agricultural inputs (fertilizer, seed and pesticide) and modern agricultural service company. It is also an influential company in urban development and non-banking financial service.
 
Industry experts said that the core competence of Win-All High-Tech Seed lies in its rice seed and corn seed research and development capacity. While the company is inclined to focus on a more intensified agricultural development strategy in the future, Sinochem being the largest shareholder of the company will provide the company with the advantages of Sinochem’s great resources and channels.
 
Source: AgroNews

Picture 0/1200

More from AgroNews

Magazine

2020 Biologicals Special 2020 Latin America Focus
2020 Formulation & Adjuvant Technology Annual Review 2019
Chinese issue of Annual Review 2019 2019 CRO & CRAO Manual
Subscribe Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.