---
title: "WELL.E plans to transfer 100% equity of Dunhua Zhongneng to optimize the company's asset structure"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240818914.md"
description: "WELL.E announced that it will transfer 100% equity of its wholly-owned subsidiary Dunhua Zhongneng Environmental Power Co., Ltd. through the Changzhou Property Exchange, aiming to optimize its asset structure and focus on the transformation to bioenergy. The bidder for this equity transfer is CEVIA, with a transfer price of 100 million yuan. The counterparty is required to assume approximately 222.6 million yuan of shareholder loans, making the total transaction amount approximately 322.6 million yuan"
datetime: "2025-05-19T10:50:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240818914.md)
  - [en](https://longbridge.com/en/news/240818914.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240818914.md)
generator: "portal-rs"
---

# WELL.E plans to transfer 100% equity of Dunhua Zhongneng to optimize the company's asset structure

According to the Zhitong Finance APP, WELL.E (300190.SZ) announced that in order to further optimize the company's asset structure, focus on its main business and bioenergy transformation, and promote the company's long-term stable development, the company recently transferred 100% equity of its wholly-owned subsidiary Dunhua Zhongneng Environmental Power Co., Ltd. through a public listing at the Changzhou Property Exchange. Recently, the company received a notice of bidding results from the Changzhou Property Exchange, confirming that the bidder for this equity transfer is CEVIA.

The company held the 46th meeting of the fifth board of directors on May 16, 2025, and reviewed and approved the proposal on the transfer of 100% equity of the subsidiary and the signing of related property transaction contracts. The company intends to sign the "Property Transaction Contract for the 100% Equity of Dunhua Zhongneng Environmental Power Co., Ltd. held by WELL.E Technology Group Co., Ltd." (hereinafter referred to as the "Property Transaction Contract") with CEVIA, transferring 100% equity of its wholly-owned subsidiary Dunhua Zhongneng Environmental Power Co., Ltd. The equity transfer price is 100 million yuan. In addition, in this transaction, the counterparty must bear all shareholder loans that Dunhua Zhongneng should repay to the company as of the equity delivery date, totaling approximately 222.6 million yuan, with the final amount subject to the amount determined by the transitional audit report. The transaction price consists of the above two parts, totaling approximately 322.6 million yuan

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**