Xinsu Environmental Protection Industry Group Co., Ltd. entered into a framework agreement to acquire unknown stake in Anhui Shengyun Environment-Protection group Co., Ltd (SZSE:300090) from Kai Xiaosheng on April 2, 2018. Under the terms of the transaction, the stake in Shengyun Environment-Protection group Co., Ltd will be transferred in batches at CNY 13 per share. The consideration will be paid in cash payment basis or through undertaking seller’s debts. The transaction is subject to approval from Xinsu Environmental Protection Industry Group Co., Ltd. and its superior authorities. Xinsu Environmental Protection Industry Group Co., Ltd. cancelled the acquisition of unknown stake in Anhui Shengyun Environment-Protection group Co., Ltd (SZSE:300090) from Kai Xiaosheng on April 2, 2019.