Jiang Zhaobai agreed to acquire 6.2% of stake in Heilongjiang Interchina Water Treatment Co.,Ltd. (SHSE:600187) from EverChina Int'l Holdings Company Limited (SEHK:202) for approximately CNY 250 million on August 9, 2022.Transaction is subject to approval of Heilongjiang Interchina Water sahregolders. As on October 20, 2022, Shareholders approved the transaction. As of March 31, 2023, the long stop date of transaction is extended from March 31, 2023 to April 14, 2023.

Jiang Zhaobai completed the acquisition of 6.2% of stake in Heilongjiang Interchina Water Treatment Co.,Ltd. (SHSE:600187) from EverChina Int'l Holdings Company Limited (SEHK:202) on April 14, 2023.