---
title: "CGE: Plans to publicly list and transfer the equity of its wholly-owned subsidiary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286769405.md"
description: "CGE announced plans to publicly list the transfer of 100% equity of its wholly-owned subsidiary Beijing Zhongyan Engineering Management Co., Ltd. through the Southwest United Property Rights Exchange, with an assessed value of 5.321 million yuan, and the listing price shall not be lower than this assessment result"
datetime: "2026-05-18T12:16:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286769405.md)
  - [en](https://longbridge.com/en/news/286769405.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286769405.md)
---

# CGE: Plans to publicly list and transfer the equity of its wholly-owned subsidiary

\*CGE announced that in order to continuously optimize its asset structure and focus on its core business, the company plans to publicly transfer 100% equity of its wholly-owned subsidiary Beijing Zhongyan Engineering Management Co., Ltd. through Southwest United Property Rights Exchange Co., Ltd. After the completion of this transaction, the company will no longer hold equity in Beijing Zhongyan, and Beijing Zhongyan will no longer be included in the company's consolidated financial statements. According to the appraisal report, the assessed value of all shareholders' equity of Beijing Zhongyan is RMB 5.321 million, and the minimum transfer price for this transaction will not be lower than the filed appraisal result, with the initial listing price set at RMB 5.321 million. The specific transaction amount will be determined based on the results of the public listing bidding

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