# Dianchi Water acquires Dongchuan Guozhen for 14.78 million yuan

Dianchi Water (03768) agreed to acquire 100% of Kunming Dongchuan Guozhen Sewage Treatment Co., Ltd. for 14.7837 million yuan from Yunnan Guozhen Environmental Technology, expanding its water treatment business in Yunnan province.

- Type: Acquisition
- Announced: 2020-06-02
- Where: Dongchuan, Kunming, Yunnan, China
- Value: $2.09M (14.8M CNY)
- Status: announced
- Products: sewage treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Dianchi Water](https://endata.com/companies/24613.md) (acquirer)
- [Yunnan Guozhen Environmental Technology](https://endata.com/companies/47616.md) (target)
- [Kunming Dongchuan Guozhen Sewage Treatment](https://endata.com/companies/47617.md) (target)
- [Yunnan Guozhen Environmental Protection Technology](https://endata.com/companies/47618.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/306595.html), 2020-06-02: "收购完成后，东川国祯将成为滇池水务全资附属公司。"
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/306575.html), 2020-06-02: "滇池水务(03768)发布公告，于2020年6月2日，公司(买方)与云南国祯环保科技有限公司(云南国祯)(卖方)及昆明市东川区国祯污水处理有限公司(东川国祯)(目标公司)签订股权转让协议，公司拟以人民币1478.37万元收购东川国祯100%股权。"

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