Beijing Capital Eco-environment Protection Group Co.,ltd. (SHSE:600008) intends to acquire 81.16% stake in Beijing Capital Air Environmental Science & Technology Co.,Ltd from Beijing Capital Venture Group Co., Ltd., Beijing Capital Venture Capital Co., Ltd., Beijing Yaomu Investment Consulting Co., Ltd. and other investors for approximately CNY 860 million on November 25, 2021. The consideration will be paid in cash. In the first step, Beijing Capital Eco-environment Protection Group Co.,ltd. will acquire 81.16%% in Beijing Capital Atmospheric Environmental Technology Co., Ltd. held by 33 shareholders for CNY 862 million and the remaining 18.84% equity will be acquired for CNY 241 million after counter parties performing state-owned assets evaluation and filing procedures, etc., and the relevant transfer conditions will be met/purchase after the parties have reached consensus. On November 25, 2021, the board of Beijing Capital Eco-environment Protection Group Co.,ltd. approved the transaction.