Beijing GeoEnviron Engineering & Technology, Inc. (SHSE:603588) intends to acquire 52.4% stake in Jiangxi Xinke Environmental Protection High-tech Co., Ltd. from Jiang Qinghe and Jiang Hao for CNY 54.2 million on November 22, 2021. The board of Beijing GeoEnviron Engineering & Technology approved the deal. Jiangxi Xinke Environmental Protection High-tech Co reported total asset of CNY 41.9 million and total common equity of CNY -0.6 million till October 31, 2021.