# China Urban-Rural to become controlling shareholder of OriginWater

Beijing OriginWater Technology signed a share subscription agreement with China Urban-Rural Holdings, a subsidiary of CCCC, which will become OriginWater's controlling shareholder through voting rights delegation and a private placement.

- Type: Acquisition
- Announced: 2020-03-11
- Where: China
- Status: announced
- Products: membrane water treatment technology
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Beijing OriginWater Technology](https://endata.com/companies/21983.md) (target)
- [China Communications Construction Company](https://endata.com/companies/25744.md) (partner)
- [China Urban-Rural Holdings](https://endata.com/companies/45875.md) (acquirer)

## Sources

- [originwater.com](http://www.originwater.com/wap.php?action=article&aid=6458), 2020-03-12: "中国城乡将通过表决权委托方式以及公司非公开发行股票的方式，成为碧水源的控股股东。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.