Chengdu Techcent Environment Co., Ltd. (SZSE:300362) and Shanshui Environment Technology Co., Ltd. agreed to acquire Zhongyuan Union (Beijing) Urban-Rural Planning and Design Co., Ltd. from a group of sellers for CNY 30 million on January 23, 2017. Under the terms, Chengdu Techcent Environment Co., Ltd. will acquire 50% stake from Li Xuan for CNY 15 million and Shanshui Environment Technology Co., Ltd. will acquire 50% stake from Li Xuan, Yuan Junshan, Liu Yu, Man Xupeng, Zheng Shoufei, Huang Jing and Zhang Huan for CNY 15 million. After the completion of the transaction, Chengdu Techcent Environment Co., Ltd. and Shanshui Environment Technology Co., Ltd. will carry out a capital increase of CNY 20 million in Zhongyuan Union (Beijing) Urban-Rural Planning and Design Co., Ltd. The transaction was approved by the Board of Chengdu Techcent Environment Co., Ltd. in the 50th extraordinary session of the 3rd directorate and does not need its shareholders' approval. Ruihua Certified Public Accountants, LLP acted as an accountant to Zhongyuan Union (Beijing) Urban-Rural Planning and Design Co., Ltd.