Guangzhou Agile Solid Waste Treatment Co., Ltd. signed a share transfer agreement to acquire Jinxiang Shengyun Environmental Protection Power Co., Ltd. from Anhui Shengyun Environment-Protection group Co., Ltd (SZSE:300090) in May 2018. The 90% stake will be transferred for CNY 1, while the remaining 10% stake will be transferred at a price equivalent to the paid-in registered capital. As of December 31, 2018, Jinxiang Shengyun Environmental Protection Power reported total assets of CNY 180 million and net assets of CNY 82.8 million. For the year ended December 31, 2018, Jinxiang Shengyun Environmental Protection Power reported revenue of CNY 0 and net profit of CNY 0.46 million. Guangzhou Agile Solid Waste Treatment Co., Ltd. cancelled the acquisition of Jinxiang Shengyun Environmental Protection Power Co., Ltd. from Anhui Shengyun Environment-Protection group Co., Ltd (SZSE:300090) on May 31, 2019.