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Hebang

hebang.cn

Stage

IPO | IPO

Total Raised

$37.51M

Date of IPO

7/31/2012

About Hebang

Provider of chemical products. The company offers sodium carbonate, which is used in the manufacture of caustic soda, dyestuffs, flat glass, sanitary pottery, TNT, paper, and paint, as well as in the processing of steel and extraction of iron, rock oil refining, salt refining, and softening of hard water, soap, medicine, and food. Other products include ammonium chloride that is used in battery, metal jointing, medicine, printing, dyestuff, and precised foundry, as well as a neutral fertilizer; and carbamide, which is used as a fertilizer for the roots, as well as ex-root nutrition for vines or vegetable crops, and fruit trees. It also offers liquid ammonia and calcium carbonate.

Headquarters Location

Mianba Villiage, Niuhua Town Wutongqiao District

Leshan, Sichuan, 614801,

China

86 833 3207168

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Latest Hebang News

China’s Hebang Soars on Scoring USD2.7 Billion Order for Solar Wafers From Royal Green China’s Hebang Soars on Scoring USD2.7 Bi...

Nov 2, 2022

(Yicai Global) Nov. 2 -- Hebang Biotechnology’s shares surged as much as 7.3 percent today after the Chinese chemicals manufacturer said its photovoltaic unit has obtained a long-term order for high-efficiency solar wafers estimated to be worth CNY19.5 billion (USD2.7 billion) from PV cell and panel maker Anhui Royal Green Energy Technology. Hebang’s stock price [SHA:603077] was trading up 5.3 percent at CNY3.14 (USD0.43) as of 1.40 p.m. China time today. Earlier in the day it hit CNY3.20. Fuxing New Energy will supply Royal Green with 2.5 billion high-efficiency PV wafers from 2023 to 2027, Chengdu, southwestern Sichuan province-based Hebang said yesterday. Based on current market prices, the contract could be worth CNY19.5 billion. Royal Green will buy at least 300 million wafers next year and a minimum of 550 million a year for the following four years, according to the deal. The transaction price for each month will be negotiated by the two parties the previous month. Hebang, whose main product is pesticides, has been branching into the solar industry in recent years. In October last year, the firm said it will invest CNY3 billion (USD412 million) to build a solar wafer plant with an annual output of 10 gigawatts in eastern Anhui province. Fuxing New Energy is the unit in charge of the project, the first phase of which started trial production in June. Royal Green’s parent company Royal Group is also a newcomer in the PV sector and mainly deals in dairy products. The group said in August that it plans to spent CNY10 billion (USD1.4 billion) to build a solar cell and panel factory with an annual capacity of 20GW. It will then set up PV power plants in its dairy pastures and at oil major PetroChina’s gas stations. Editor: Kim Taylor

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Hebang Frequently Asked Questions (FAQ)

  • Where is Hebang's headquarters?

    Hebang's headquarters is located at Mianba Villiage, Niuhua Town, Leshan.

  • What is Hebang's latest funding round?

    Hebang's latest funding round is IPO.

  • How much did Hebang raise?

    Hebang raised a total of $37.51M.

  • Who are the investors of Hebang?

    Investors of Hebang include DT Capital Partners.

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