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Nanning Chemical Co., Ltd. (600301)
Nanning Chemical Co., Ltd. was established in 1998 by Nanning Chemical Group Co., Ltd. as the main sponsor. It is an important production base of basic chemical raw materials in China and the largest chlor alkali enterprise in South China. As of December 31, 2007, the total assets reached 2.205 billion yuan, with 2640 employees.
In August 1998, it successfully issued 150 million yuan of "Nanhua convertible bonds" in Shanghai Stock Exchange, becoming the first pilot enterprise in China to issue convertible bonds. In June 2000, 40 million A-shares were issued and listed in July of the same year. In May 2001, the "Nanhua convertible bond" was converted into shares, bringing the issue, transaction and conversion of the "Nanhua convertible bond" to a successful end, providing a large amount of detailed information and successful experience for the research, innovation and development of the convertible bond market by China Securities Regulatory Commission. In 2003, it passed the ISO9001 ∶ 2000 quality management system certification, and built the provincial technical center and the first enterprise postdoctoral workstation in Nanning. In September 2005, it was listed by Shanghai Stock Exchange as one of the first batch of 12 listed companies in the comprehensive non tradable share structure reform. It was also the first company in the chlor alkali industry in China and the first company in Guangxi to implement the non tradable share structure reform. On October 25 of the same year, it successfully completed the non tradable share structure reform. In May 2007, the non-public offering of shares was approved by China Securities Regulatory Commission, with an additional issue of 50 million shares.
In 2006, through capital operation and external expansion, Nanhua Co., Ltd. had 11 wholly-owned, holding and participating subsidiaries, including Nanning shizuo building materials Co., Ltd., Nanning Chemical (Hong Kong) Co., Ltd., Guizhou Anlong Huahong Chemical Co., Ltd., Wuzhou Lianyi Chemical Co., Ltd., Nanning Zhongnan Oil Chemical Co., Ltd., Guizhou Anlong Jinhong Chemical Co., Ltd Guangxi Nannan aluminum foil Co., Ltd., Nanning Fengta building materials Co., Ltd. and other companies, including one wholly-owned subsidiary and three holding subsidiaries. The main business covers brick making machine, brick making equipment, steam curing brick production line, steam curing brick equipment and aerated block production line; Production of caustic soda, polyvinyl chloride, chlorinated paraffin, hydrochloric acid, liquid chlorine, hydrogen chloride, cement, food additives, aluminum foil, calcium carbide and import and export trade of chlor alkali chemical products, raw and auxiliary materials, mechanical equipment and technology.
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