---
title: "CPEP: Received a free transfer of 51% equity in Henan Xinhong Guanggu New Energy Co., Ltd. from Zhengzhou Sewage Purification Co., Ltd"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/245866211.md"
description: "CPEP announced that the company will transfer 51% equity of Henan Xinhong Guanggu New Energy Co., Ltd. held by Zhengzhou Wastewater Purification Co., Ltd. to CPEP free of charge, aiming to support the development of the reclaimed water clean energy market of Xinhong Guanggu. This transfer does not constitute a related party transaction or a major asset restructuring. After the transfer, the independent legal status of Xinhong Guanggu remains unchanged, the ownership of the equity is clear, and it does not involve employee layoffs or debt issues"
datetime: "2025-06-24T10:08:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/245866211.md)
  - [en](https://longbridge.com/en/news/245866211.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/245866211.md)
generator: "portal-rs"
---

# CPEP: Received a free transfer of 51% equity in Henan Xinhong Guanggu New Energy Co., Ltd. from Zhengzhou Sewage Purification Co., Ltd

CPEP announced that the company will hold a board meeting on June 23, 2025, to review and approve the proposal to transfer 51% equity held by Zhengzhou Sewage Purification Co., Ltd. in Henan Xinhong Guanggu New Energy Co., Ltd. to CPEP without compensation. The transfer aims to support the development of the recycled water clean energy market by Xinhong Guanggu and does not constitute a related party transaction or a major asset restructuring. After the transfer is completed, Xinhong Guanggu's independent legal status will remain unchanged, and it will continue to independently enjoy and bear its own rights and obligations. The base date for this non-compensated transfer is December 31, 2024, involving clear equity ownership, and does not involve employee transfer and placement issues, nor does it involve creditor and debt disposal issues

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