Jiangnan Chemical Company plans to transfer the shares of Sun Corporation

China Securities Network (reporter Zhao) jiangnan Chemical Industry (002226, Stock bar) 23rd evening issued a notice, to be the sun company Anqing to the Division blasting Engineering Technology Co., Ltd. 60% Equity, transfer to the equity company CICC Industrial Engineering Services Co. Data show that Anqing Branch blasting Engineering Technology Co., Ltd. is a subsidiary of Jiangnan Chemical holding company Anhui Shield An-an-an-an-an-an-an-a wholly-owned subsidiary, founded in 2007, registered capital of 20 million yuan.　　After the audit, to December 31, 2012, anqing to branch net assets of 21.0339 million yuan, 2012, the realization of business receipts of 11.0767 million yuan, net profit of 419100 yuan, the first half of this year to achieve operating income of 7.8073 million yuan, net profit of 303,600 yuan.　　CICC Industrial Engineering Services Co., Ltd. is Jiangnan chemical in July 2012 and China Gold Group Investment Co., Ltd. Joint venture, registered capital of 50 million yuan, of which Jiangnan chemical investment of 24.5 million yuan, accounting for 49% of registered capital. According to Anhui Shield-an-min Explosive Equipment Co., Ltd. and CICC Industrial Engineering Services Co., Ltd. signed a letter of intent for joint venture, CICC to the assessed value of net assets as the price, depending on the progress of Anqing blasting engineering business, divided into two period by the Anhui Shield held anqing to branch 60% of the equity, a period of 51% equity,　　Two is subject to 9% equity.　　The two sides also agreed that in 2 years will be anqing to the division of blasting operations to upgrade the license to the level of qualification, otherwise, CICC has the right to request Anhui Shield Ann in accordance with the assessment of the value of the net assets of CICC to the branch of the company's equity repurchase. For the relevance of the role of the transaction, the company said, conducive to the promotion of the Sino-China Blasting engineering business development, play the leading role of CICC, and effectively promote the company's scientific research, production, sales and demolition services integration process.