Beijing Enterprises Water Group (China) Investment Limited agreed to acquire Honghe Water Industry Investment Co., Ltd. from Yunnan Water Investment Co., Limited (SEHK:6839) for CNY 155.4 million on February 27, 2023. For the year ended, December 31, 2022, Honghe Water Industry Investment Co., Ltd. Operating revenue is CNY 92.7 million, net income is CNY 19.9 million, total asset is CNY 416.6 million and net asset is CNY 167.8 million.