CPI Yuanda Environmental-Protection (Group) Co., Ltd. (SHSE:600292) agreed to acquire Chongqing Yuanda Water Service Co., Ltd. from Chongqing Qianqiu Environmental Protection Engineering Co., Ltd., China Power Investment Yuanda Environmental Protection Engineering Co., Ltd., Ren Zhi, Li Rui and He Shide for CNY 30.9 million on June 4, 2013. Ren Zhi will sell its 3.79% stake, Li Rui will sell 3.13% and He Shide will sell 3.08%. Chongqing Yuanda Water Service reported total assets of CNY 267.1 million, total liabilities of CNY 239.6 million and net assets of CNY 27.5 million for the year ended December 31, 2012.The transaction has been approved by Board of Directors of CPI Yuanda Environmental-Protection on June 4, 2013.

The Board of Directors of CPI Yuanda Environmental-Protection also approved the signing of agreement for the acquisition on June 27, 2013.