Sanonda

Hubei Sanonda Co., Ltd.
Hubei Sanonda Co., Ltd.
Simplified Chinese	湖北沙隆达股份有限公司
Traditional Chinese	湖北沙隆達股份有限公司
Hanyu Pinyin
Transcriptions
Standard Mandarin
Hanyu Pinyin	Húběi shālóngdá gǔfèn yǒuxiàn gōngsī
Sanonda
Simplified Chinese	沙隆达
Traditional Chinese	沙隆達
Hanyu Pinyin
Transcriptions
Standard Mandarin
Hanyu Pinyin	shālóngdá

Sanonda
Company type	Public
Traded as	SZSE: 000553 (A share); SZSE: 200553 (B share);
Founded	1958; 1992 (as limited company);
Headquarters	Jingzhou, Hubei Province, China
Area served	China
Key people	An Li-Ru (Chairman)
Revenue	CN¥1.855 billion (2016)
Operating income	(CN¥0120 million) (2016)
Net income	(CN¥0074 million) (2016)
Total assets	CN¥2.984 billion (2016)
Total equity	CN¥2.005 billion (2016)
Owner
Chinese Central Government (via ChemChina)	(30.75%)
Government of Qichun County	(0.70%)
Parent	ChemChina
Website	sanonda.cn
	Footnotes / references; in consolidated financial statement

Hubei Sanonda Co., Ltd. is a Chinese pesticide producer, based in Jingzhou, Hubei Province. As at 31 December 2016, state-owned enterprise ChemChina via Sanonda Group (A share) and Adama Agricultural Solutions (B share) owned a combined 30.75% stake.^[1] It was followed by the Government of Qichun County (0.70%).^[1] A share accounted for 61.27% share capital, comparing to 38.73% for B share (domestically traded share for foreigner in mainland China).^[1]

In 2016, a plan to acquire 100% stake of Adama Agricultural Solutions from ChemChina was announced, by issuing new shares to ChemChina and a private equity fund (Chinese: 芜湖信运汉石) that related to China Cinda. The B share held by ADAMA (which would become treasury stock) would be canceled.^[2] After the deal ChemChina would owned over 70% stake.^[2] As China Cinda was also owned by the State Council indirectly (via the Ministry of Finance). The total stake held by the Central Government of China was unknown.

^ ^a ^b ^c ^d "2016 Annual Report" (PDF). Sanonda (in Chinese). Shenzhen Stock Exchange. 6 April 2017. Retrieved 7 April 2017.
^ ^a ^b "发行股份购买资产并募集配套资金暨关联交易预案" [Issuing new shares for acquiring and related-parties deal] (PDF). Sanonda (in Chinese). Shenzhen Stock Exchange. 15 October 2016. Retrieved 27 October 2016.

[Sanonda2016AR-1] "2016 Annual Report" (PDF). Sanonda (in Chinese). Shenzhen Stock Exchange. 6 April 2017. Retrieved 7 April 2017.

[ADAMA-2] "发行股份购买资产并募集配套资金暨关联交易预案" [Issuing new shares for acquiring and related-parties deal] (PDF). Sanonda (in Chinese). Shenzhen Stock Exchange. 15 October 2016. Retrieved 27 October 2016.

[1]

[2]