Zhengzhou Heating Power Corporation agreed to acquire west district heat supply business from Zhongyuan Environment-Protection Co.,Ltd. (SZSE:000544) for approximately 280 million in cash on January 25, 2015. As of December 31, 2015, the heat supply business had total assets of CNY 240.72 million, operating revenue of CNY 239.17 million and net profit of CNY 19.91 million. The transaction is subject to shareholders' approval of Zhongyuan Environment-Protection.

The transaction was approved by the Board of Directors of Zhongyuan Environment-Protection. As on September 28, 2015, the transaction was approved by the shareholders of Zhongyuan Environment-Protection Co.,Ltd.