On 10 December 2018, Nanjing Redsun Co., Ltd. (Nanjing Redsun) announced the intention to acquire 100% of shares in Chongqing Zonbon Pesticides and Chemicals (Group) Co., Ltd.s (Zonbon) from Redsun Group at USD172.7 million. This is an affiliated transaction because Nanjing Redsun and Zonbon are both share-held by Redsun Group.
In December 2018, Hubei Xingfa Chemicals Group Co., Ltd. (Hubei Xingfa) made an announcement about the share transfer and capital increase between its fully owned subsidiaries.
On Dec. 5, 2018, Zhejiang Xinnong Chemical Co., Ltd. was officially listed on the Shenzhen Stock Exchange (stock code "002942").
In December 2018, Qingdao Hailir Pesticides & Chemicals Co., Ltd. (Qingdao Hailir) announced that it would delay the date of completion of certain projects invested by raised funds based on the current construction progress of them.
On 3 December 2018, the 12th list of pesticides to be approved for registration was unveiled by the Institute for the Control of Agrochemicals, Ministry of Agriculture and Rural Affairs of the People’s Republic of China. The pesticide, 98% tolfenpyrad TC of Shandong Hailir Chemicals Co., Ltd. (Hailir) was listed for official registration. In addition, its 15% tolfenpyrad SC and 20% chlorfenapyr·tolfenpyrad SC were also approved for registration. All target cabbage plutella xylostella.
On Nov. 2, 2018, Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. (Nantong Jiangshan) announced that the company and Zhongtian Technology Co., Ltd. (ZTT Group) signed the “Strategic cooperation framework agreement” in Nantong City, Jiangsu Province on Nov. 2, 2018.
On 21 November, 2018, Li Yongping, Senior Agronomist with the Pesticide and Spraying Equipment Division, National Agro-Tech Extension and Service Center (NATESC), introduced the consumption of pesticide and machinery in China in 2018 and gave a forecast on the domestic demand for the products next year.
On 22 November 2018, Bayer CropScience launched 4 new products, namely Wenteng® (fungicide), Jixian® (insecticide), Rutian® (seed coating for rice fungi killing), and Qimeixin® (fungi killing purpose seed coating).
Afidopyropen is to be launched onto the Chinese market in 2019. Dr. Lu Yuejian, Senior Manager from the Product R&D Department of BASF Greater China made detailed introduction about it.
On 21 November, 2108, Shenzhen Noposion Agrochemicals Co., Ltd. (Nopoison) held a product release conference in Chengdu City, Sichuan Province, unveiling two triflumezopyrim-based new products—Aijia (爱稼) and Xianrui (先锐). With unique mechanism of action, both products display outstanding and long-lasting control efficiency to rice planthopper at a relatively small dosage.
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