Hanlan Environment (600323.SH) plans to purchase the remaining 43.48% equity interest in Hanlan Foshan and 7.22% equity interest in Yuefeng Environmental Protection for a transaction price of approximately 2.998 billion yuan.

Zhijun Finance and Economics APP News, Hanlan Environment (600323.SH) announced that before this transaction, the company held 56.52% of the equity of Hanlan Foshan through its wholly-owned subsidiary Hanlan Solid Waste. Nanhai Holdings, Hengjian Assets, and Advanced Manufacturing Fund indirectly hold 43.48% of the equity of Hanlan Foshan through holding 100.00% of the property shares of High Quality Fund. In this transaction, the company plans to acquire the remaining 43.48% equity of Hanlan Foshan by issuing shares and paying cash to purchase the High Quality Fund property shares. The company and its subsidiary Hanlan Hong Kong plan to purchase 7.22% of the equity of Yuefeng Environmental Protection held by Zhenda Development by paying cash and raise supporting funds. The transaction price (excluding the amount of supporting funds raised) is approximately 2.998 billion yuan. At the same time, the company plans to issue shares to no more than 35 specific investors who meet the conditions to raise supporting funds of no more than 1.2 billion yuan.