SIIC ENVIRONMENT (00807) Subsidiary plans to acquire 100% equity of Qingchang Water and Qinglang Water for 270 million yuan.

SIICENVIRONMENT (00807) announced that on March 30, 2026, the Company's controlling subsidiary Longjiang Environmental Group Co., Ltd. (as the buyer) entered into a share transfer agreement with Qingdao Qing'an Technology Investment Co., Ltd. (as the seller). The buyer will purchase 100% equity of Anshan Qingchang Waterworks Co., Ltd. and Anshan Qinglang Waterworks Co., Ltd. (collectively referred to as the target companies) held by Qingdao Qing'an, with a total consideration of RMB 270 million. The target companies operate two sewage treatment plant projects in Anshan City, Liaoning Province, with a total designed treatment capacity of 230,000 tons per day. Among them, Ningyuan sewage treatment plant project operated by Qingchang Waterworks has a daily treatment capacity of 80,000 tons, and the Dongtai sewage treatment plant project operated by Qinglang Waterworks has a daily treatment capacity of 150,000 tons (including 100,000 tons BOT project and 50,000 tons entrusted operation project), both of which have been in operation for many years, with stable cash flow and operating income. This acquisition will help the Group further expand its sewage treatment business in Liaoning region, improve the business layout in the Northeast region, strengthen regional market competitiveness, and bring stable operating returns to the Group. The directors believe that this acquisition is conducted on normal commercial terms, and the terms of the purchase and sale agreement are fair and reasonable, in line with the overall interests of the Company and all shareholders.