China Datang Group Overseas Investment Co., Ltd. agreed to acquire additional 10% stake in China Datang Overseas Power Operating Co., Ltd. from Datang Environment Industry Group Co., Ltd. (SEHK:1272) for CNY 26.3 million on January 14, 2022. Datang Overseas Investment shall transfer the consideration to the designated account within 10 working days upon execution of the Equity Transfer Agreement. Post acquisition Datang Environment Industry Group Co., Ltd. will no longer be a shareholder and China Datang Group Overseas Investment Co., Ltd. will hold 40% stake in China Datang Overseas Power Operating Co., Ltd. China Datang Overseas Power Operating Co., Ltd. for the period June 31, 2021, reported total asset of CNY 314.3 million, and an owner's equity of CNY 257.9 million.