Henan Urban Development Investment Co., Ltd. signed an agreement to acquire Beijing Xinyi Resources Technology Co., Ltd. from TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT Co., LTD. (SZSE:000826) for approximately CNY 1.5 billion on June 21, 2022. Beijing Xinyi Resources Technology has reported total assets of CNY 1549.640925 million in December 31, 2022. The board of TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY approved the deal.

Henan Urban Development Investment Co., Ltd. completed the acquisition of Beijing Xinyi Resources Technology Co., Ltd. from TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT Co., LTD. (SZSE:000826) in June 2022.