Anhui Shanglan Environmental Protection Technology Co., Ltd announced that it has entered into capital increase agreement that it will receive CNY 11.1111 million on August 19, 2022. The transaction will include participation from Qingdao Copton Technology Company Limited. The transaction has been approved in the fifteenth meeting of the fourth session of the board of directors of the company, and does not need to be submitted to the general meeting of shareholders for consideration.