Shandong Shanfa Green Industry Investment Fund of Funds Partnership Enterprise (L.P.) agreed to acquire 5% stake in Niutech Environment Technology Corporation from Ningbo Meishan Bonded Port Area Baode Dingfeng Equity Investment Center (Limited Partnership), and others for CNY 90 million.

Shandong Shanfa Green Industry Investment Fund of Funds Partnership Enterprise (L.P.) agreed to acquire 5% stake in Niutech Environment Technology Corporation (SHSE:688309) from Ningbo Meishan Bonded Port Area Baode Dingfeng Equity Investment Center (Limited Partnership), Yantai Yuanchuang Technology Investment Center (L.P.) managed by Yantai Yuanchuang Investment Management Co., Ltd., Inner Mongolia Rongfeng Yuanchuang Equity Investment Management Co., Ltd., Shandong Lingxin Venture Capital Center (L.P.) managed by Shandong Duoying Lingxin Venture Capital Management Co., Ltd., Yantai Yuanchuang Modern Service Industry Venture Capital Partnership Enterprise (L.P.) managed by Yantai Yuanzhi Lifan Equity Investment Co., Ltd. for CNY 90 million on September 25, 2023.