Hubei Sanonda Co., Ltd. is a Chinese pesticide producer, based in Jingzhou, Hubei Province. As of 31 December 2016, state-owned enterprise ChemChina via Sanonda Group (A share) and Adama Agricultural Solutions (B share) owned a combined 30.75% stake.[1] It was followed by the Government of Qichun County (0.70%).[1] A share accounted for 61.27% share capital, comparing to 38.73% for B share (domestically traded share for foreigner in mainland China).[1]
In 2016, a plan to acquire 100% stake of Adama Agricultural Solutions from ChemChina was announced, by issuing new shares to ChemChina and a private equity fund that related to China Cinda. The B share held by ADAMA (which would become