Wanhua Industrial Group
Chinese investment holding company in chemical industry / From Wikipedia, the free encyclopedia
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Wanhua Industrial Group Co., Ltd. is a Chinese holding company. It was the parent company of Wanhua Chemical Group and BorsodChem until 2018. Yantai Municipal People's Government, via Yantai Guofeng, still owned 39.497% stake of the company as of 2017. The government also sold 25% stake of the company to a consortium of Pemex and Deutsche Bank in 2007.
Quick Facts Formerly, Company type ...
Formerly | 烟台万华华信合成革有限公司 | ||||||
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Company type | Mixed government-private ownership | ||||||
Industry | Holding company | ||||||
Founded | 29 October 2001 (2001-10-29) in Yantai | ||||||
Founder |
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Headquarters | Yantai , China | ||||||
Area served | China | ||||||
Total assets | RMB6.774 billion (2018) | ||||||
Total equity | RMB4.930 billion (2018) | ||||||
Owner | Yantai Guofeng (39.497%) | ||||||
Subsidiaries |
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Chinese name | |||||||
Simplified Chinese | 万华实业集团有限公司 | ||||||
Hanyu Pinyin | Wànhuá shíyè jítuán yǒuxiàn gōngsī | ||||||
Literal meaning | Wanhua Industrial Group, limited company | ||||||
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former name | |||||||
Simplified Chinese | 烟台万华华信合成革有限公司 | ||||||
Hanyu Pinyin | Yāntái wànhuá huáxìn héchénggé yǒuxiàn gōngsī | ||||||
Literal meaning | Yantai Wanhua Hua[rong]–Cin[da] synthetic leather limited company | ||||||
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Website | wanhuagroup | ||||||
Footnotes / references source of data: Yantai's SASAC[1] |
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