# Feida Environmental acquires 62.95% stake in Ziguang Environmental

Feida Environmental (600526.SH) completed the acquisition of a 62.9525% stake in Ziguang Environmental from its parent company Hanggang Group, increasing its total ownership to 97.9525%. The acquisition adds wastewater treatment services to Feida's air pollution control business.

- Type: Acquisition
- Announced: 2022-09-23
- Where: China
- Status: completed
- Capacity: 29 wastewater treatment plants, 1.355 million tons/day treatment capacity
- Products: wastewater treatment services, air pollution control equipment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Feida Environmental](https://endata.com/companies/65498.md) (acquirer)
- [Ziguang Environmental](https://endata.com/companies/65499.md) (target)
- [Hanggang Group](https://endata.com/companies/65500.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/796371.html), 2022-09-23: "完成收购紫光环保后，公司的主营业务新增污水处理及相关运营服务，形成“大气+水治理”双轮驱动的主业格局。"

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