Kangda International Environmental Company Limited has announced the disposal of 100% equity interests in Liangshan Kangda Water Co., Ltd. The transaction involves the sale of the entire equity interest in the subsidiary to a purchaser for a total consideration of RMB80,000,000. The Vendor, Chongqing Kangda Environmental Protection Industry (Group) Company Limited, an indirect wholly-owned subsidiary of Kangda, entered into an Equity Transfer Agreement with the purchaser on June 26, 2025. This agreement follows a Concession Agreement established in 2014 between the Vendor and the Management Committee of Liangshan Economic Development Zone, under which the Target Company was set up to manage a wastewater treatment plant for a 30-year concession period.
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