Mr. Duan Chuan Liang and Sharp Profit Investments Limited agreed to acquire the remaining shares of Kangda International Environmental Company Limited for HK$388.4m.

Mr. Duan Chuan Liang and Sharp Profit Investments, a wholly-owned subsidiary of China Water Affairs Group, agreed to acquire the remaining shares of Kangda International Environmental, a publicly listed environmental services company primarily operating in China, for HK$388.4m. The Share Offer Price of HK$0.348 per Offer Share is higher than the exchange price of HK$0.25 per Share under the Exchangeable Bonds, and is equal to the volume weighted average traded price of the Shares of HK$0.348 per Share on 11 July 2025, when the EB Notice was served.