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Recently, Jiangsu Jiujiujiu Technology Co., Ltd. (Jiangsu Jiujiujiu) used USD6.4 million in getting the 100% shares of Jiangsu Jianding Biotechnology Co., Ltd. (Jianding Biotechnology) from Jiangsu Qiheng Agrochemical Technology Co., Ltd. (Qiheng Agrochemical). After the transaction, Qiheng Agrochemical will become a fully-owned subsidiary of Jiangsu Jiujiujiu.
On 25 June, 2014, Jiangsu Jiujiujiu Technology Co., Ltd. (Jiangsu Jiujiujiu) signed a contract with Jiangsu Qiheng Agrochemical Technology Co., Ltd. (Jiangsu Qiheng) in Jiangsu Rudong Coastal Economic Development Zone, agreeing supply of 3,5,6-trichloropyridin-2-ol sodium to the latter from July 2014 to June 2015. The supply volume and value involved reach 14,400 tonnes and USD80 million.