Guangxi Hong Sheng Yuan Environmental Protection Science Technology Co., Ltd. agreed to acquire 47.11% stake in Guangxi Hong Sheng Yuan Environmental Protection Co., Ltd. from Baiyang Investment Group, Inc. (SZSE:002696) on April 22, 2020. The consideration is paid in cash. Guangxi Hong Sheng Yuan Environmental Protection Science Technology Co., Ltd. cancelled the acquisition of 47.11% stake in Guangxi Hong Sheng Yuan Environmental Protection Co., Ltd. from Baiyang Investment Group, Inc. (SZSE:002696) on August 31, 2020.