On September 7, the Jingzhou Property Rights Exchange Center publicized the information on the state-owned property paid transfer of the Sanonda Group according to the relevant state regulations on the transfer of state-owned assets. The public information showed that the state-owned property of the Sanonda Group continued to be paid after the transfer. The "seven unchanged."
As of December 31, 2004, the total assets of the Sharonda Group were 263.4 million yuan. According to the resolutions of the company's board of directors and the Staff Representative Conference and the approval of the people's governments of Hubei and Jingzhou, the State-owned Assets Supervision and Administration Commission of Jingzhou Municipality, as the state-owned assets contributor of the Sanonda Group, cooperated with China National Chemical Industry Group on May 20, 2005. The head office signed a paid transfer of the Sanonda Group agreement. The scope of the transfer of the agreement is: the total state-owned equity of Sanonda Group headquarters, Sanonda Group Corporation held by Sanonda Group and Hubei Datian Chemical Corporation, and Jingzhou City Ford Food Factory. The transfer method is: According to the transfer of state-owned net assets, the transferee is responsible for receiving all state-owned workers registered before December 31, 2004 in Sanonda Group. After the transfer, Sanonda Group continues to implement the state-owned nature, name, address, and management. The main business, taxation relationship, statistical caliber, creditor's rights and debts relationship "seven unchanged."
It is reported that China National Chemical Corporation intends to invest 800 million yuan in the Sanonda Group within the next five years. It will implement a pesticide-based industry and drive the development of related industries, create pesticide carriers, expand and strengthen the domestic pesticide industry, and improve the state-owned economy. The influence, control and driving force of the pesticide industry.
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