Kangda International Environmental Company Limited has replaced its 14 January 2026 buyback agreement with a revised transfer agreement dated 24 February 2026 to sell Dongping County Second Wastewater Treatment Plant’s concession right, the plant and related assets, and associated rights and obligations from its subsidiary Dongping Kangda Water Company Limited to Dongping County Taida Wastewater Treatment Plant for about RMB127.1 million. The update mainly changes the payment terms, splitting the consideration into four instalments of RMB64.0 million, RMB60.0 million, RMB2.0 million and a remaining balance of about RMB1.1 million, with completion to occur on the transfer date after the second instalment is paid and transfer procedures commence.

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