--- title: "WATER INDUSTRY signed a memorandum of understanding for two potential acquisitions" description: "WATER INDUSTRY announced that it has entered into two non-binding memoranda of understanding with an independent third party, intending to acquire 100% equity of Zhejiang Free Trade Zone Shanxing Ente" type: "news" locale: "en" url: "https://longbridge.com/en/news/259196995.md" published_at: "2025-09-28T08:35:54.000Z" --- # WATER INDUSTRY signed a memorandum of understanding for two potential acquisitions > WATER INDUSTRY announced that it has entered into two non-binding memoranda of understanding with an independent third party, intending to acquire 100% equity of Zhejiang Free Trade Zone Shanxing Enterprise Management Consulting Partnership and to acquire 1% equity of Beijing Suishenbao Dian Information Technology, with the price subject to further negotiation among the parties WATER INDUSTRY (01129.HK) announced that it has entered into two non-binding memoranda of understanding with an independent third party, intending to acquire all equity interests in Zhejiang Free Trade Zone Shanxing Enterprise Management Consulting Partnership, as well as a 1% equity interest in Beijing Suishenbao Dian Information Technology, with the price subject to further negotiation among the parties ### Related Stocks - [01129.HK - WATER INDUSTRY](https://longbridge.com/en/quote/01129.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | China Water Industry Plans HK$278 Million Convertible Bond Issue | China Water Industry Group Limited (HK:1129) plans to issue convertible bonds worth up to HK$278.25 million, subject to | [Link](https://longbridge.com/en/news/276058842.md) | | China Water Industry Group Winding-Up Petition Hearing Adjourned to March 25 | China Water Industry Group Limited's winding-up petition hearing has been postponed to March 25, 2026, following a joint | [Link](https://longbridge.com/en/news/275599693.md) | | Sika AG - Sika To Acquire Akkim | Sika AG :SIKA AG - SIKA TO ACQUIRE AKKIMSIKA AG - CLOSING OF ACQUISITION IS EXPECTED IN Q3 OF 2026 | [Link](https://longbridge.com/en/news/275855760.md) | | China Water Industry Group Winding-Up Petition Hearing Adjourned to February 11 | China Water Industry Group Limited's winding-up petition hearing has been postponed to February 11, 2026, following a co | [Link](https://longbridge.com/en/news/273172606.md) | | Tinexta S.P.A Announces Mandatory Public Tender Offer For Tinexta Shares By Zinc Bidco | Tinexta S.p.a :TINEXTA S.P.A - MANDATORY PUBLIC TENDER OFFER FOR TINEXTA SHARES BY ZINC BIDCOTINEXTA S.P.A - OFFER CONSI | [Link](https://longbridge.com/en/news/276474604.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.