On 25 December, 2018, Jiangsu Yangnong Chemical Co., Ltd. (Jiangsu Yangnong) signed an agreement on share transfer with Yangzhou Tianping Chemical Co., Ltd. (Tianping Chemical), acquiring remnant shares in two holding subsidiaries from the latter.
In August 2018, Jiangsu Yangnong Chemical Co., Ltd. (Jiangsu Yangnong) signed a Letter of Intent on the Share Transfer of Sinochem International Crop Care Company Limited (Sinochem Crop Care) and Shenyang Sinochem Agrochemical R&D Co., Ltd. (Sinochem Agrochemical R&D) with its affiliated party Sinochem International Corporation (Sinochem International). This is a move intended to accept 100% of shares in both Sinochem Crop Care and Sinochem Agrochemical R&D from Sinochem International in cash.
On 14 April, 2017, Jiangsu Yangnong Chemical Co., Ltd. (Jiangsu Yangnong) issued a notice that its holding subsidiary-Jiangsu Youjia Plant Protection Co., Ltd. (Jiangsu Youjia) would plan to invest in a number of major projects, including 11,475 t/a of pesticides, 1,000 t/a of herbicide, 3,000 t/a of fungicide, 2,500 tons / year of chloroacetophenone and 37,384 t/a of related by-products.
On 12 Oct., 2016, the Yangzhou Government, Jiangsu Province, held an online talk show about the quality of air, which was participated by the local Vice Mayor and people from the Environmental Protection Bureau (the Bureau) as well as citizens. In the show, the City Government promised that Jiangsu Yangnong Chemical Group Co., Ltd. (Jiangsu Yangnong, a listed domestic pesticide enterprise) be moved out of the downtown of Yangzhou by the end of 2018.
Jiangsu Yangnong Chemical Group Co., Ltd. (Jiangsu Yangnong) released its H1 2016 financial figures:
² Revenue: USD240.7 million, down by 11.5% YoY
² Net profit: USD32.1 million, down by 15.2% YoY
On 25 Aug., 2015, Jiangsu Yangnong Chemical Co., Ltd. (Jiangsu Yangnong) published its semi-annual report in H1 2015, according to which the company got a revenue of USD294.6 million and a net profit of USD41.0 million, which grew by 12.0% and 1.3% year on year respectively.
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