Hubei Sanonda Co., Ltd. (Hubei Sanonda), a subordinate of China National Agrochemical Corporation, was formed in 1992 on the basis of Hubei Shashi Pesticide Factory, which was set up in 1965. In Dec. 1993, this company listed on the Shenzhen Stock Exchange as A share with the code of 000553. In April 1997, this company offered 100 million B stakes in Shenzhen Stock Exchange with the code 200553.