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Jiangsu Huifeng release IPO prospectuses
Oct. 19, 2010
Jiangsu huifeng Agrochemcial released prospectuses detailing the stock lising plan today, reports Shanghai Securities News.
huifeng Agrochemical is a pesticide manufacture based in Dafeng city, Jiangsu provine, with 100 thousand production capacity for technical and formulated products,including Prochloraz, 2,4-D.
The company will use funds raised from the IPO to invest in six projects which involve production expansion, the creation of a marketing network, and a research center. The total investment for the six projects is estimated at 636.42 million yuan.
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