Dynagreen Environmental Protection Group Co., Ltd. (SEHK:1330) entered into an equity transfer agreement to acquire 80% stake in Lvyi (Huludao) Environmental Services Limited for CNY 90 million on December 14, 2017. Dynagreen Environmental Protection Group Co., Ltd. (SEHK:1330) completed the acquisition of 80% stake in Lvyi (Huludao) Environmental Services Limited on January 5, 2018. Dynagreen Environmental Protection Group Co., Ltd. paid partial consideration. Post completion, Lvyi (Huludao) Environmental Services Limited became a subsidiary of Dynagreen Environmental Protection Group Co., Ltd.