Sanonda
| Company type | Public | ||||
|---|---|---|---|---|---|
| Founded |
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| Headquarters | Jingzhou, Hubei Province , China | ||||
Area served | China | ||||
Key people | An Li-Ru (Chairman) | ||||
| Revenue | CN¥1.855 billion (2016) | ||||
| (CN¥120 million) (2016) | |||||
| (CN¥74 million) (2016) | |||||
| Total assets | CN¥2.984 billion (2016) | ||||
| Total equity | CN¥2.005 billion (2016) | ||||
| Owner |
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| Parent | ChemChina | ||||
| Website | sanonda.cn | ||||
| Footnotes / references in consolidated financial statement | |||||
| 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 | ||||||
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| Sanonda | |||||||
| Simplified Chinese | 沙隆达 | ||||||
| Traditional Chinese | 沙隆達 | ||||||
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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. It was followed by the Government of Qichun County (0.70%). A share accounted for 61.27% share capital, comparing to 38.73% for B share (domestically traded share for foreigner in mainland China).
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. After the deal ChemChina would owned over 70% stake. 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.