--- title: "The equity asset transaction of Supezet's holding subsidiary has been completed" type: "News" locale: "en" url: "https://longbridge.com/en/news/256870888.md" description: "On July 9, 2025, the board of directors of Shanghai Supezet Engineering Technology Co., Ltd. approved the proposal for its holding subsidiary Supezet Integrated Technology Co., Ltd. to sell 95% equity of Zhuohe Energy Technology Co., Ltd. to Daishan Huafeng Shipbuilding Co., Ltd. for a transaction price of 723 million yuan. On July 25, the proposal was approved by the shareholders' meeting, and by September 12, the equity transfer payment had been fully received, and the industrial and commercial change registration procedures were completed, with Zhuohe no longer included in the consolidated financial statements" datetime: "2025-09-11T08:25:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/256870888.md) - [en](https://longbridge.com/en/news/256870888.md) - [zh-HK](https://longbridge.com/zh-HK/news/256870888.md) --- # The equity asset transaction of Supezet's holding subsidiary has been completed On July 9, 2025, the 20th meeting of the third board of directors of Shanghai Supezet Engineering Technology Co., Ltd. reviewed and approved the proposal for its holding subsidiary, Supezet Integrated Technology Co., Ltd., to sell its 95% equity stake in Zhuohe Energy Technology Co., Ltd. to Daishan Huafeng Shipbuilding Co., Ltd. On July 25, the proposal was approved by the company's first extraordinary general meeting of shareholders in 2025, with a transaction price of 72.3 million yuan. As of the announcement date on September 12, the company has received the full transfer payment, and the industrial and commercial change registration procedures for the equity transfer of the target company have been completed. This equity transfer has been completed, and Zhuohe is no longer included in the company's consolidated financial statements ### 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) - [DeepOcean wins North Sea FPSO subsea decommissioning contract in UK sector](https://longbridge.com/en/news/287155435.md)