Central Plains Environment Protection Co.,Ltd. (SZSE:000544) agreed to acquire the remaining 25% stake in Henan Shengrong New Energy Technology Co., Ltd. from Henan Huamu Tongtu New Energy Technology Co., Ltd. for CNY 30 million on December 29, 2023. The consideration consists of CNY 30 million in cash. As part of the consideration, CNY 30 million was paid towards common equity.

Prior to the transaction, Central Plains Environment Protection Co.,Ltd. (SZSE:000544) held 75%. Central Plains Environment Protection Co.,Ltd. board of directors approved the transaction.