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Jiangsu Huifeng’s subsidiary to expand biofertilizer business

On 24 May 2018, Jiangsu Huifeng Bio Agriculture Co., Ltd. (a subsidiary under Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng)) made an announcement, saying that Jiangsu Huifeng’s fully owned subsidiary Jiangsu Huifeng Biotechnology Co., Ltd. had received the registration certificates of bioorganic fertilizers, compound biofertilizers and microbial agents from the Ministry of Agriculture and Rural Affairs of the People’s Republic of China.

 

Jiangsu Huifeng prepares to invest in LNG project

On March 9, 2018, Jiangsu Huifeng Petrochemical Co., Ltd. (Huifeng Petrochemical), a wholly-owned subsidiary of Jiangsu Huifeng Bio-Agriculture Co., Ltd. (Jiangsu Huifeng), signed the Investment Cooperation Framework Agreement with Huagang Gas Group Co., Ltd., and Jiangsu Dafeng Harbor Holdings Co., Ltd.

 

Jiangsu Huifeng: Huifeng Petrochemical’s 2nd phase project completed

In January 2018, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng) announced that its fully-owned subsidiary Jiangsu Huifeng Petrochemical Co., Ltd. (Huifeng Petrochemical) completed the construction of its 2nd phase project. Of the 26 storage tanks (= 162,000 m3), 6 are gas storage tanks, with a combined capacity of 18,000 m3. Now they are all under serviceable condition.

 

Jiangsu Huifeng starts to introduced seed coating products in domestic market

In 2017, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng) introduced the company's first ternary compound seed coating product " Jiancang " (健仓, 30% thiamethoxam + azoxystrobin + prochloraz-copper chloride complex FS). The introduction of the product further improve the product line for Jiangsu Huifeng, opening a new chapter for company’s seed coating products.

 

Jiangsu Huifeng: revenue up by 40.4% YoY in Q1-Q3 2016

In Q1-3 2016, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng) made a revenue of USD503.3 million, up by 40.4% YoY, and net profit of USD20.7 million, up by 1.8% YoY. Specifically in Q3, the revenue was USD217.3 million, up by 64.5% YoY and net profit USD5.3 million, up by 39.2% YoY.

 

Jiangsu Huifeng plans to invest USD44.0 million in glufosinate-ammonium enterprise

On 29 June, 2015, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng) published a notice saying that it planned to use its self-owned capital, USD44.0 million in investing Shijiazhuang Ruikai Chemical Co., Ltd. (Ruikai Chemical). After the transaction is completed, Jiangsu Huifeng) will hold 51% shares in Ruikai Chemical). The purchase will increase the company’s product categories, like glufosinate-ammonium.

 

Jiangsu Huifeng enriches product lines and acquires shares in subsidiary

On 28 May, 2015, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng) announced to issue convertible bonds valued at =<USD196.1 million to:

 

Jiangsu Huifeng sees 23.4% year-on-year rise in 2014 net profit

On 25 March, 2015, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng) announced its 2014 annual report. During the reporting period, the company brought in USD394.9 million and USD32.7 million as total revenue and net profit, up 16.5% and 23.4% year on year respectively.

 

Jiangsu Huifeng: YoY increase of 25.4% in net profit in 2014

On 28 Feb., 2015, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng), the largest prochloraz producer in China, made a performance preannouncement. In 2014, the enterprise achieved the revenue of USD399.1 million, YoY rise of 17.5%: from this, its net profit reached USD33.3 million, YoY increase of 25.4%.

 

Jiangsu Huifeng increases USD8.0 million in Jiangsu Jialong

On 13 Jan., 2015, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng) announced that it would increase capitals – USD8.0 million in Jiangsu Jialong Chemicals Co., Ltd. (Jiangsu Jialong), so as to integrate resources from subsidiaries.

 

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