XinJiang Tianye (Group) Co.,Ltd. agreed to acquire additional 38.913804% stake in Xinjiang Tianye Water Saving Irrigation System Company Limited (SEHK:840) from Xinjiang Tianye Co.,Ltd. (SHSE:600075) for approximately CNY 190 million on March 7, 2023. Transaction has been approved by Xinjiang Tianye's board and is subject to shareholders approval of Xinjiang Tianye and Xinjiang Tianye (Group). As of March 24, 2023, Xinjiang Tianye Co.,Ltd. shareholders approved the transaction.