Wuhan Tianyuan Environmental Protection Co.,LTD (SZSE:301127) entered into an agreement to acquire 65% stake in Gucheng Haiyu New Energy Technology Co., Ltd. and Yang Kelan from Gucheng Modern Haiyu Environmental Engineering Co., Ltd. for CNY 10 million on July 11, 2023. As of April 30, 2023, Gucheng Haiyu New Energy Technology reported net assets of CNY 39.37 million and total assets of CNY 84.88 million.