Fujian Haixia Environmental Protection Group Co.,Ltd. (SHSE:603817) signed proposal on participating in the bidding to acquire 49% stake in Fujian Liyang Environmental Protection Co., Ltd from CITIC Envirotech (Guangzhou) Co., Ltd. for CNY 87. 34 million on August 4, 2023. Fujian Haixia Environmental Protection Group Co.,Ltd. board of directors approved the transaction.

This does not need the approval of shareholders meeting.