< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

Yuanhe Chemical changes ownership: Equity transfer of Yuanli Shares

87,957
January 11, 2024, 8:58 AM

Yuanli Co., Ltd. recently issued an announcement disclosing a major transaction related to the company's equity transfer. According to the announcement, Yuanli plans to sell its 51% stake in Yuanhe Chemical Co., Ltd. in Nanping City, Fujian Province. Among them, 30.5% of the equity will be transferred to existing shareholder Liu Qifan at a price of 73.55 million yuan, while the remaining 20.5% of the equity will be transferred to another existing shareholder Liu Nengrui at a price of 49.45 million yuan. The total value of the entire transaction reached 123 million yuan.

Yuanhe Chemical is an influential company in the chemical industry, focusing on the production and sales of sodium silicate and white carbon black. Since its establishment in 2002, it has established a good reputation and business network in the market. In 2015, Yuanli acquired a 51% stake in the company from Lu Yuanjian, one of the actual controllers of Yuanhe Chemical, for a price of 87.87 million yuan, and became an important shareholder of Yuanhe Chemical.

According to Carbon Black Industry Network, after the completion of this equity transfer transaction, Yuanli shares will completely withdraw from Yuanhe Chemical's equity structure and no longer hold any shares in the company. Market observers believe that this transaction may be an important measure for Yuanli to adjust its business layout and optimize resource allocation.