Yunfu Tianshan Cement Co., Ltd. agreed to acquire Yunfu Sinoma Energy Conservation Waste Heat Power Generation Co., Ltd. from Sinoma Energy Conservation Ltd. (SHSE:603126) for CNY 31.3 million on October 29, 2019. As of December 31, 2018, Yunfu Sinoma Energy Conservation Waste Heat Power Generation Co., Ltd. had total assets of CNY 42.9 million, net assets of CNY 31.3 million, operating income of CNY 23.1 million and net profit of CNY 8.9 million. The transaction was approved by the Board of Directors of Sinoma Energy Conservation. Yunfu Tianshan Cement Co., Ltd. cancelled the acquisition of Yunfu Sinoma Energy Conservation Waste Heat Power Generation Co., Ltd. from Sinoma Energy Conservation Ltd. (SHSE:603126) on October 29, 2020.