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State Investment Fengle: Fengle Agrochemicals plans to transfer its 51% equity stake in Hubei Fengle to the company free of charge
Guotou Fengle announces that to further optimize the company’s management structure, reduce management levels, and improve management efficiency, its wholly-owned subsidiary Anhui Fengle Agrochemical Co., Ltd. plans to transfer its 51% equity stake in Hubei Fengle Ecological Fertilizer Co., Ltd. to the company at no cost. After the transfer is completed, the company will directly hold a 51% stake in Hubei Fengle.