QingShuiYuan (300437.SZ) plans to transfer the equity of its wholly-owned subsidiary, Siweida Company.

China Fortune Finance and Economics APP News, Qingshuiyuan (300437.SZ) announced that, in order to meet the needs of the company's strategic development, further focus on the main business, improve asset structure, optimize resource allocation, and improve the quality of company development, the company plans to adjust the relevant business recently and transfer the equity of its wholly-owned subsidiary, Jiyuanshi Siweida Environmental Protection Technology Co., Ltd. (hereinafter referred to as "Siweida Company"). Siweida Company is the project company of the "Jiyuanshi domestic waste harmless treatment plant phase I closed field and domestic waste incineration power generation supporting transfer station project PPP project". The company has consulted the superior competent department, Jiyuan Chengzhong Integration Demonstration Zone Housing and Urban-Rural Construction Bureau, on the matter of transferring the equity of Siweida Company. The company has received a reply from Jiyuan Chengzhong Integration Demonstration Zone Housing and Urban-Rural Construction Bureau, approving the company to transfer the equity of Siweida Company.