Jiangnan Chemical and Chutian Chemical strategic reorganization finalized, with the new company holding a 51% stake.

The journalist learned from Jiangnan Chemical that its holding subsidiary, Hubei Jiangnan Chutian Technology Co., Ltd., was officially established in Daye, Hubei recently, marking the substantive stage of the strategic reorganization between Jiangnan Chemical and Chutian Chemical. Business registration information shows that the newly established Jiangnan Chutian is owned by Jiangnan Chemical and its subsidiary, North Explosives Technology, holding a total of 51% of the shares, making it the controlling shareholder; Chutian Chemical holds 49% of the shares.