Kuaida Agrochemical intends to transfer to the North Stock Exchange, has passed the listing counseling acceptance

On June 26, 2023, Jiangsu Kuaida Agrochemical issued an advisory announcement on the completion of the application for public offering of shares and the listing guidance and acceptance on the Beijing Stock Exchange.

July 31, 2020

Kuaida Agrochemical and Soochow Securities signed the "Guidance Agreement between Jiangsu Kuaida Agrochemical and Soochow Securities.

August 3, 2020

Kuaida Agrochemical submitted to the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission the guidance filing materials for the public offering of shares to non-specific qualified investors and listing in the selected tier of the national share transfer system.

August 17, 2020

Jiangsu Securities Regulatory Bureau shall accept the application materials submitted by the company for public offering of shares to non-specific qualified investors and listing guidance on the Beijing Stock Exchange.

June 25, 2023

Kuaida Agrochemical received the Jiangsu Securities Regulatory Bureau issued by Jiangsu Securities Regulatory Bureau on the acceptance of the guidance work of Jiangsu Kuaida Agrochemical, the company has passed the guidance and acceptance of Jiangsu Securities Regulatory Bureau under the guidance of Soochow Securities.

Jiangsu Kuaida Agrochemical is a comprehensive large-scale pesticide chemical enterprise. It is now a 51% joint-stock company controlled by Lier Chemical. The existing pesticide products herbicides, insecticides, fungicides three series of more than 50 varieties and acyl chloride series, photogasification products and other pesticides, medicine, dye chemical intermediates more than 80 varieties.

The audited net profit attributable to shareholders of listed companies of Kuaida Agrochemical in 2021 and 2022 (the lower of which is before and after deducting non-recurring profit and loss is the calculation basis) is 83.6576 million yuan and 148.8533 million yuan respectively. The weighted average return on equity (the lower before and after deducting non-recurring profit and loss is calculated) was 10.48% and 16.82%, respectively.