--- title: "Supezet's subsidiary plans to sell 95% of Zhuohe's equity for 723 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/247810221.md" description: "Supezet's controlling subsidiary, Zhuoke, intends to sell its 95% equity stake in Zhuohe (Daishan) Energy Technology Co., Ltd. for 723 million yuan to Daishan Huafeng Shipbuilding Co., Ltd. This transaction aims to optimize the asset structure, focus on the main business, enhance core competitiveness, and promote the company's high-quality development, aligning with the interests of the company and its shareholders" datetime: "2025-07-09T11:31:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/247810221.md) - [en](https://longbridge.com/en/news/247810221.md) - [zh-HK](https://longbridge.com/zh-HK/news/247810221.md) --- # Supezet's subsidiary plans to sell 95% of Zhuohe's equity for 723 million yuan According to the Zhitong Finance APP, Supezet (688121.SH) announced that its controlling subsidiary, Supezet (Zhejiang) Integrated Technology Co., Ltd. (hereinafter referred to as "SuKe"), intends to sell 95% of its equity in Zhuohe (Daishan) Energy Technology Co., Ltd. (hereinafter referred to as "Zhuohe" or "the target company") to Daishan Huafeng Shipbuilding Repair Co., Ltd. (hereinafter referred to as "Huafeng") for an equity transaction price (including tax) of RMB 723 million. This transaction is beneficial for the company to further focus on its main business sectors and cutting-edge technology development trends, optimize the company's asset structure, improve asset utilization efficiency, develop strategic industrial layout, enhance the company's core competitiveness, and promote the company's continuous high-quality development, which aligns with the interests of the company and its shareholders ### Related Stocks - [688121.CN](https://longbridge.com/en/quote/688121.CN.md) ## Related News & Research - [Europe Gasoline/Naphtha-Gasoline refining margins rise](https://longbridge.com/en/news/287098393.md) - [ISG Announces 2026 ISG Paragon Awards™ ANZ Winners | III Stock News](https://longbridge.com/en/news/287132100.md) - [Announcement from Eimskip: Seafarers’ Union of Iceland announces strike](https://longbridge.com/en/news/286679460.md) - [Strathmore Confirms 85% Mineralization Hit Rate at Agate | SUUFF Stock News](https://longbridge.com/en/news/287092474.md) - [08:03 ETBrock Group Wins AFPM Contractor Safety Achievement Awards for Work at 35 Sites](https://longbridge.com/en/news/286909138.md)