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According to new from Sinochem International Corporation (Sinochem International) on 5 Sept., 2018, the company got an application from Fuhua Crop Protection Technology Investment Co., Ltd. (Fuhua Group), who intends to accept shares of Nantong Jiangshan Agrochemical & Chemical Co., Ltd. (Nantong Jiangshan). As known, Fuhua Group had already paid the deposit and submitted application files.
News on farmonline on 24 March, 2016 came out that Zhang Hua, Chairman of Fuhua Group, informed Nufarm Limited (Nufarm) and the Australian Securities Exchange (ASE) that he had already obtained 5.16% of shares in Nufarm, since he and his company registered in British Virgin Islands bought stakes from Nufarm from November 2015. Accordingly, Fuhua Tongda Agrochemical Technology Co., Ltd., a subsidiary of Fuhua Group, is the largest glyphosate producer in China, supplying raw materials to Nufarm for its herbicides.