Jiangnan Chemical (002226.SZ) plans to publicly delist the Minbang Asset Transfer Project and Rental Project of Fuzhou Mining Plant 11

Zhitong Finance App News, Jiangnan Chemical (002226.SZ) announced that the company plans to participate in the emulsified explosives production line of Fushun Mining Group Co., Ltd. Plant 11 (hereinafter referred to as “Fuming Mining Plant 11”) and its associated 18,000 ton emulsified explosives asset (production capacity) transfer project (hereinafter referred to as the “Civilian Explosive Asset Transfer Project”). The reserve transfer price is 146 million yuan including tax. The final amount will be determined based on the auction results. The project was bundled with the entire 2 projects of 92 housing buildings, structures, and 41 ancillary equipment leasing projects (hereinafter referred to as “leasing projects”) leased by the 11th Fukuang Plant. Participating in one of these projects alone is considered an invalid registration.