Inner Mongolia Xintai Industrial Group Co., Ltd. completed the acquisition of 83% stake in Inner Mongolia Haihua Chenxing Chemical Co., Ltd. from Shandong Haihua Co.,Ltd for CNY 86.5 million.
August 31, 2023
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Inner Mongolia Xintai Industrial Group Co., Ltd. agreed to acquire 83% stake in Inner Mongolia Haihua Chenxing Chemical Co., Ltd. from Shandong Haihua Co.,Ltd for CNY 86.5 million on July 24, 2023.
Inner Mongolia Xintai Industrial Group Co., Ltd. completed the acquisition of 83% stake in Inner Mongolia Haihua Chenxing Chemical Co., Ltd. from Shandong Haihua Co.,Ltd on July 26, 2023.
Shandong Haihua Co Ltd is a China-based company principally engaged in the production and sales of basic chemical products. The Company's main products include soda ash, bromine, raw salt, caustic soda, calcium chloride, baking soda, potassium sulfate, magnesium chloride and other chemical products. The company's main chemical brands include Yuandu brand soda ash and Goat brand bromine. The Company's products principally distributes its products within domestic markets and to overseas markets.
Inner Mongolia Xintai Industrial Group Co., Ltd. completed the acquisition of 83% stake in Inner Mongolia Haihua Chenxing Chemical Co., Ltd. from Shandong Haihua Co.,Ltd for CNY 86.5 million.
SHANDONG HAIHUA CO.,LTD 
