Top Resource Conservation & Environment Corp. (SZSE:300332) and Tianhao Investment Group Co., Ltd. agreed to acquire Beijing Yinrun Technology Co., Ltd. from Hengyintong Information Technology Co., Ltd. for CNY 5.9 million on April 12, 2021. As part of the transaction, Top Resource Conservation & Environment will acquire 49% and Tianhao Investment will acquire 51% stake in Beijing Yinrun. Transaction will be financed through its own funds. As at March 31, 2021, Beijing Yinrun had total assets of CNY 46.88 million and net assets of CNY 46.81 million.