According to the Chongqing Water Affairs announcement, the affiliated companies intend to separately acquire the assets and related liabilities of the second phase expansion project of Dongcheng, Guoyuan, and Yuelai Sewage Treatment Plants built by Chongqing Water Environment Group. According to the assessment, the assessed value of the underlying net assets was 382 million yuan, and the two parties negotiated to determine the same transaction price. This acquisition constitutes a related transaction, and related shareholders should avoid voting. The acquisition was reviewed and approved by the company's independent directors' special meeting and board of directors, and is now submitted to the shareholders' meeting for consideration.

According to the Chongqing Water Affairs announcement, the affiliated companies intend to separately acquire the assets and related liabilities of the second phase expansion project of Dongcheng, Guoyuan, and Yuelai Sewage Treatment Plants built by Chongqing Water Environment Group. According to the assessment, the assessed value of the underlying net assets was 382 million yuan, and the two parties negotiated to determine the same transaction price. This acquisition constitutes a related transaction, and related shareholders should avoid voting. The acquisition was reviewed and approved by the company's independent directors' special meeting and board of directors, and is now submitted to the shareholders' meeting for consideration.