Group 1 - The company held its 20th meeting of the 9th Board of Directors on January 9, 2026, to discuss significant acquisition proposals [2][3][4] - The company plans to acquire 100% equity of Zhengzhou Gevo Environmental Development Co., Ltd. through a public bidding process, with a valuation of RMB 133.06 million [5][9] - The acquisition aims to enhance the integration of sludge disposal and resource utilization, creating a synergistic effect in the regional environmental market [10][28] Group 2 - The company also intends to acquire 100% equity of Zhengzhou Xinhong Recycled Water Resource Development Co., Ltd. for RMB 146 million, with the acquisition expected to improve the company's recycled water utilization business [35][36] - The financial data of Gevo shows total assets of RMB 149.30 million and total liabilities of RMB 23.48 million as of September 30, 2025 [17] - The financial data of Xinhong indicates total assets of RMB 149.92 million and total liabilities of RMB 38.39 million as of September 30, 2025 [45] Group 3 - The company has engaged intermediary institutions for due diligence and auditing to ensure the integrity of the acquisition process [10][36] - The acquisition of Gevo is expected to create a comprehensive competitive advantage by integrating sludge treatment technologies [28] - The acquisition of Xinhong is projected to enhance the company's operational capabilities in the regional water market, potentially increasing annual revenue by approximately RMB 26.67 million [57][58]

Group 1 - Zhongyuan Environmental Protection plans to acquire 100% equity of Zhengzhou Xinhong Reclaimed Water Resources Development Co., Ltd. through public bidding for a price of 146 million yuan [1] - The acquisition is expected to enhance the company's operational capabilities in the regional water service market and strengthen its competitive edge in the reclaimed water sector [2] - The acquisition is projected to add approximately 26.67 million yuan in annual revenue and about 9.04 million yuan in annual net profit to the company [3] Group 2 - Xinhong Company's core business includes reclaimed water sales, metering and charging, as well as inspection, maintenance, and emergency repair services for reclaimed water pipelines [2] - As of September 30, 2025, Xinhong Company has total assets of 150 million yuan, total liabilities of 38.39 million yuan, and equity of 112 million yuan [2] - The assessed value of Xinhong Company is 146 million yuan, reflecting an increase of 34.47 million yuan and a valuation increase rate of 30.9% [2]

Mergers and Acquisitions - Shengda Resources plans to acquire 55% equity of Guangxi Laibin Jinshi Mining Co., Ltd. for 269.5 million yuan, with core assets including mining rights for various mineral resources [1] - Zhongyuan Environmental Protection intends to acquire 100% equity of Gevo Company and Xinhong Company through public bidding, aiming to enhance the synergy in sludge disposal and resource utilization [2] Shareholding Changes - Hengshi Technology's shareholder, New Basis Information Technology Group Co., Ltd., plans to increase its shareholding by 1.5% to 3% within six months using self-raised funds [3] - China Electric Port reports that the National Integrated Circuit Industry Investment Fund has reduced its holdings by 7.5969 million shares, accounting for approximately 0.999724% of the total share capital, and no longer holds over 5% [4] - Baiwei Storage announces that the National Integrated Circuit Industry Investment Fund II plans to reduce its holdings by no more than 934,260 shares, representing up to 2% of the total share capital [5] - Junda Co., Ltd. states that its controlling shareholder, Hainan Jindi Technology Investment Co., Ltd., plans to reduce its holdings by up to 3%, equivalent to 872,540 shares [6] Regulatory Issues - ST Huilun has received an administrative penalty decision from the China Securities Regulatory Commission for failing to disclose fund occupation matters and inflating costs and revenues, resulting in a fine of 3 million yuan [7] - Xiong Plastic Technology has been ordered to rectify due to failure to disclose related party transactions, violating relevant regulations [8]

Core Viewpoint - Zhongyuan Environmental Protection announced the approval of two proposals to acquire 100% state-owned equity of Zhengzhou Xinhong Recycled Water Resource Development Co., Ltd. and Zhengzhou Gewo Environmental Protection Development Co., Ltd. through public bidding [1] Group 1 - The company held its 20th meeting of the 9th board of directors on January 12 [1] - The acquisitions are aimed at enhancing the company's capabilities in recycled water resource development and environmental protection [1]

Group 1 - The core point of the article is that Zhongyuan Environmental Protection announced the acquisition of 100% equity of Zhengzhou Gewo Environmental Development Co., Ltd. through public bidding, with a valuation of RMB 133.0607 million [1] - The acquisition was approved during the 20th meeting of the 9th Board of Directors held on January 9, 2026 [1] - The public bidding for the equity transfer will be conducted by the Zhengzhou Public Resources Trading Center, with the transfer initiated by the Zhengzhou State-owned Assets Supervision and Administration Commission [1] Group 2 - The valuation of the target asset was determined by Henan Tongqian Real Estate Asset Appraisal Co., Ltd. using the asset-based method, with a reference date of September 30, 2025 [1] - The transaction involves the indirect controlling shareholder of the company, Zhengzhou Public Utility Investment Development Group Co., Ltd., which holds 100% equity of the target company [1] - This transaction does not require approval from the company's shareholders' meeting [1]

Core Viewpoint - Zhongyuan Environmental Protection Co., Ltd. plans to acquire 100% equity of Zhengzhou Xinhong Reclaimed Water Resources Development Co., Ltd. through public bidding, with a listing price of 146 million yuan [1][2] Group 1: Acquisition Details - The acquisition is set to take place on December 25, 2025, with the equity being publicly listed for transfer by the Zhengzhou Municipal Government's State-owned Assets Supervision and Administration Commission [1] - The core business of Xinhong Company includes reclaimed water sales, metering and charging, as well as inspection, maintenance, and emergency repair services for reclaimed water pipelines and ancillary facilities [1] Group 2: Strategic Rationale - The acquisition aims to enhance the synergy between the company's wastewater treatment and reclaimed water business, allowing the company to convert treated wastewater into marketable reclaimed water, thereby increasing overall value and expanding the industrial chain [2] - The establishment of a reclaimed water division and operation center, along with the acquisition of reclaimed water pipeline assets in Zhengzhou, indicates the company's commitment to capturing the reclaimed water utilization market in Zhengzhou [2] Group 3: Financial Impact - If the acquisition is successful, Xinhong Company will be included in the consolidated financial statements of the listed company, which is expected to enhance the overall profitability of the company [2] - The acquisition is projected to increase annual operating revenue by approximately 26.67 million yuan and annual net profit by about 9.04 million yuan [2]

Group 1 - The company Zhongyuan Environmental Protection (000544) announced on January 12 that it plans to acquire 100% equity of Zhengzhou Xinhong Reclaimed Water Resource Development Co., Ltd. for a public listing price of 146 million yuan [1] - Additionally, the company intends to acquire 100% equity of Zhengzhou Gewo Environmental Protection Development Co., Ltd. for a public listing price of 133 million yuan [1] - Both acquisition targets are indirectly controlled by the company's major shareholder [1]

Group 1 - The core point of the article is that Zhongyuan Environmental Protection (000544.SZ) plans to acquire 100% equity of Zhengzhou Xinhong Reclaimed Water Resources Development Co., Ltd. for a price of RMB 14.6 million, with the transaction set to be publicly listed for bidding on December 25, 2025 [1] - The valuation of the target company was conducted by Henan Tongqian Real Estate Asset Appraisal Co., Ltd., using the income method, with a valuation date of September 30, 2025 [1] - The acquisition aims to enhance the integration of the company's reclaimed water utilization business, coordinating the development of sewage treatment and reclaimed water operations to continuously improve profitability [1] Group 2 - The company will hold a special meeting of the independent directors on December 31, 2025, and a board meeting on January 9, 2026, to review and approve the proposal for the acquisition [2] - The transaction involves Zhengzhou State-owned Assets Supervision and Administration Commission, which holds 100% equity of the company's indirect controlling shareholder, Zhengzhou Public Utilities Investment Development Group Co., Ltd. [2] - If the company successfully acquires the target, it will constitute a related party transaction, but it is expected not to be classified as a major asset restructuring under the regulations [2]

Group 1 - The core point of the article is that Zhongyuan Environmental Protection (000544.SZ) plans to acquire 100% equity of Zhengzhou Gewo Environmental Development Co., Ltd. for a price of RMB 13,306.07 million through a public bidding process [1] - The acquisition aims to enhance the integration and collaborative management capabilities of sludge disposal and resource utilization, creating a synergistic effect in the "wastewater + sludge disposal" industry chain [1] - The asset valuation was conducted by Henan Tangqian Real Estate Asset Appraisal Co., Ltd., using the asset-based method with a valuation date of September 30, 2025 [1] Group 2 - The company will hold a special meeting of the independent directors on December 31, 2025, and a board meeting on January 9, 2026, to review the proposal for the acquisition [2] - The transaction involves Zhengzhou State-owned Assets Supervision and Administration Commission, which holds 100% equity of the company's indirect controlling shareholder, Zhengzhou Public Utilities Investment Development Group Co., Ltd. [2] - If the company successfully acquires the equity, it will constitute a related party transaction but is not expected to be classified as a major asset restructuring under the relevant regulations [2]

Group 1 - The core point of the article is that Zhongyuan Environmental Protection (000544.SZ) plans to acquire 100% equity of Zhengzhou Xinhong Reclaimed Water Resources Development Co., Ltd. for a price of RMB 14.6 million, with the transaction expected to enhance the company's reclaimed water utilization business and overall profitability [1][2] Group 2 - The acquisition will be conducted through a public bidding process, with the valuation based on an income approach as assessed by Henan Tongqian Real Estate Asset Appraisal Co., Ltd. as of September 30, 2025 [1] - The company has received approval from its board of directors to participate in the bidding, and if successful, the transaction will be considered a related party transaction due to the connection with its indirect controlling shareholder, Zhengzhou Public Utilities Investment Development Group Co., Ltd. [2] - The transaction is not expected to constitute a major asset restructuring as defined by the relevant regulations [2]