Zhejiang Weiming Environment Protection Co., Ltd. (SHSE:603568) entered into an agreement to acquire Yongjia Weiming Sewage Treatment Co., Ltd. from Weiming Group Co., Ltd. and Wenzhou Jiawei Industrial Co., Ltd. for CNY 48 million on April 7, 2023. The board of directors of Zhejiang Weiming Environment Protection Co., Ltd. approved the transaction and does not need the Shareholders' Approval. Yongjia Weiming Sewage Treatment Co., Ltd. recorded total assets of CNY 110.49 million, net assets of CNY 32.36 million as of January 31, 2023.