Heilongjiang Interchina Water Treatment Co.,Ltd. (SHSE:600187) agreed to acquire Qidong Pengteng Agricultural Development Co., Ltd. from Shanghai Pengxin Agricultural Investment (Group) Co., Ltd. for approximately CNY 580 million on March 8, 2022. Qidong Pengteng has a total assets of CNY 130 million and net assets of CNY -47 million as of January 31, 2022. This connected transaction still needs to be submitted to Heilongjiang Interchina's general meeting of shareholders for deliberation. On March 8, 2022 Board of Heilongjiang Interchina approved the deal.

Heilongjiang Interchina Water Treatment Co.,Ltd. (SHSE:600187) cancelled the acquisition of Qidong Pengteng Agricultural Development Co., Ltd. from Shanghai Pengxin Agricultural Investment (Group) Co., Ltd. on March 22, 2022.