Jiangnan Chemical Industry announced that its wholly-owned subsidiary, Bei Fang Blasting Technology Co., Ltd., intends to acquire the civil explosive assets and associated production capacity of Liaoning Qingyang Civil Explosive Equipment Co., Ltd., with a transaction consideration (including tax) of 194.9722 million yuan. The scope of the acquisition includes the patent rights of Qingyang Civil Explosive, the emulsion explosive production line, the ammonium oil mixing explosive production line, and the related machinery and equipment and their associated production capacity.
江南化工：全资子公司收购民爆资产及附属产能
Anhui Jiangnan Chemical Industry: Wholly-owned subsidiary acquires assets and associated production capacity of civil explosives.
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