Anhui Zhonghuan Environmental Protection Technology Co.,Ltd Completed the acquisition of 70% stake in Jiyuan Zhongchen Environmental Technology Co., Ltd. from Anhui One Capital Green Venture Capital Fund Partnership Enterprise (Limited Partnership) and Anhui Zhongchen Investment Holding Co., Ltd.
August 02, 2023
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Anhui Zhonghuan Environmental Protection Technology Co.,Ltd (SZSE:300692) entered into an agreement to acquire 70% stake in Jiyuan Zhongchen Environmental Technology Co., Ltd. from Anhui One Capital Green Venture Capital Fund Partnership Enterprise (Limited Partnership) and Anhui Zhongchen Investment Holding Co., Ltd. for CNY 124 million on July 14, 2023. As of May 2023, Jiyuan Zhongchen Environmental Technology reported total assets of CNY 548.3197 million.
Anhui Zhonghuan Environmental Protection Technology Co.,Ltd (SZSE:300692) Completed the acquisition of 70% stake in Jiyuan Zhongchen Environmental Technology Co., Ltd. from Anhui One Capital Green Venture Capital Fund Partnership Enterprise (Limited Partnership) and Anhui Zhongchen Investment Holding Co., Ltd. on August 3, 2023.
Anhui Zhonghuan Environmental Protection Technology Co., Ltd is a China-based company which is mainly engaged in environmental engineering Business. The Company operates business through three segments. The Sewage Treatment Business segment is mainly engaged in the research and development, design consulting, construction, investment and operation services related to sewage treatment technologies and products. The Environmental Engineering Business segment is mainly engaged in the provision of environmental engineering design, construction, equipment procurement and integration, installation and commission services related to sewage treatment. The Other segment mainly involved in Solid waste treatment and waste incineration businesses. The Company mainly conducts its businesses in domestic market.
Anhui Zhonghuan Environmental Protection Technology Co.,Ltd Completed the acquisition of 70% stake in Jiyuan Zhongchen Environmental Technology Co., Ltd. from Anhui One Capital Green Venture Capital Fund Partnership Enterprise (Limited Partnership) and Anhui Zhongchen Investment Holding Co., Ltd.