Chinese institutional and other investors agreed to acquire 4.7% stake in Jinan Heng Yu Environmental Protection Technology Co., Ltd. from Origo Partners PLC (AIM:OPP) for CNY 18.8 million on February 9, 2018. Post-closing, Origo Partners PLC will hold 7.2% stake in Jinan Heng Yu Environmental Protection Technology Co., Ltd. It is expected that the repatriation of the sale proceeds will take several months. Origo Partners will apply the cash receipts towards Origo's working capital requirements with any remainder set aside for retiring debt and distributions to Origo's shareholders. As per the update on on April 23, 2018, the cash receipts from the Jinan Heng Yu Environmental Protection Technology Co., Ltd. disposal will be applied towards Origo Partners PLC's working capital requirements. Chinese institutional and other investors completed the acquisition of 3.5% stake in Jinan Heng Yu Environmental Protection Technology Co., Ltd. from Origo Partners PLC (AIM:OPP) for $2.4 million (CNY 15.2 million) on April 23, 2018. Post completion, Origo Partners PLC holds 3.7% stake in Jinan Heng Yu Environmental Protection Technology Co., Ltd.