Gelonghui November 1st | chongqing sanfeng environment group corp., (601827.SH) announced that in order to deepen the requirements of state-owned enterprise reform, enhance core competitiveness, strengthen integration and optimization, concentrate resources to further increase development and innovation efforts, and continuously promote the high-quality development of chongqing sanfeng environment group corp., the company's wholly-owned subsidiary sanfeng kawanda plans to absorb and merge with two other wholly-owned subsidiaries, sanfeng technology and new ion company. After the completion of this merger, sanfeng technology and the new ion company's legal entities will be canceled, and their related business and operations development will not be affected. This merger has been approved at the 29th meeting of the second session of the board of directors held by the company on November 1, 2024.