Yang Nong Chemical Completed the Acquisition of Sinochem Crops and Agricultural Research Company

On October 9, Yang Nong Chemical announced that the company intends to pay cash to buy 100% equity of Sinochem Crop Protection Co., LTD. (” Sinochem Crop “) and 100% equity of Shenyang Sinochem Pesticide Chemical R&D Co., LTD. (” Agricultural Research Company “) held by Sinochem International (holding) Co., LTD., with a transaction consideration of about RMB913 million(USD128 million).

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