Jiangsu Jiangnan Water Co., Ltd. (SHSE:601199) agreed to acquire Jiangyin Gaoyuan Pipe Network Engineering Co., Ltd. from Shaoguan Zhongda Zinc Industry Co., Ltd. for CNY 12.7 million on August 26, 2022. The consideration to the transaction will be paid from Jiangsu's own fund. Jiangsu Jiangnan's seveth board of directors reviewed and approved the transaction.

Jiangsu Jiangnan Water Co., Ltd. (SHSE:601199) completed the acquisition of Jiangyin Gaoyuan Pipe Network Engineering Co., Ltd. from Shaoguan Zhongda Zinc Industry Co., Ltd. for CNY 12.7 million on September 8, 2022.