Central Plains Environmental Protection Yichuan Water Co., Ltd announced a private placement of common shares for gross proceeds of CNY 42,000,000 on March 10, 2021. The transaction will involve participation from existing investor, Central Plains Environment Protection Co.,Ltd. (SZSE:000544). Post the closing, the total number of shares issued by the company will increase from CNY 38,000,000 to CNY 80,000,000. The transaction has been approved in 8th extraordinary directorate meeting held, and does not need its shareholders’ approval.