Nov 30, 2021 06:09 PM (GMT+8) · EqualOcean
Financial Associated Press, Nov. 30 - according to the announcement of Zhongguo water, the company recently received a notice from the company's controlling shareholder Zhongguo (Tianjin) water Co., Ltd. ("Zhongguo Tianjin"), and learned that the stock transfer agreement signed by Zhongguo Tianjin and Shanghai Pengxin (Group) Co., Ltd. ("Pengxin group"), Jiang Zhaobai and Jiang Lei on May 27, 2021 was terminated by consensus. The stock transfer agreement shall be terminated on November 29, 2021. From the date of termination, the rights and obligations of both parties agreed in the agreement shall be terminated, and both parties shall not be liable for breach of contract, nor will they make any claim against the other party for the termination of the agreement.