---
title: "WELLTECH: Plans to sell assets worth 281 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233897155.md"
description: "WELLTECH announced plans to sell its automation instrument and meter business assets to Zizhu Science Park for 281 million yuan, including 100% equity and related assets and liabilities. After the transaction, WELLTECH will no longer operate this business, and WELLTECH Instruments and Zizhu High-tech WELLTECH within the consolidated financial statements will be excluded. The transaction is expected to increase the company's total assets by 48.88%, decrease total liabilities by 47.67%, reduce the debt-to-asset ratio by 28.15 percentage points, decrease operating income by 43.52%, and increase net profit by 20.9733 million yuan. This transaction requires approval from the shareholders' meeting and relevant departments"
datetime: "2025-03-31T13:36:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233897155.md)
  - [en](https://longbridge.com/en/news/233897155.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233897155.md)
generator: "portal-rs"
---

# WELLTECH: Plans to sell assets worth 281 million yuan

WELLTECH announced that the company intends to sell its automation instrument and meter business asset group to Zizhu Science Park. This includes 100% equity of WELLTECH Instruments and 100% equity of Zizhu Gaoxin WELLTECH, as well as assets and liabilities related to the instrument and meter business. The transaction price is 281 million yuan. After the transaction is completed, WELLTECH Instruments and Zizhu Gaoxin WELLTECH will no longer be included in the company's consolidated financial statements, and the company will no longer operate the automation instrument and meter business. This transaction constitutes a related party transaction. After the transaction is completed, the total assets of the company will increase by 48.88%, total liabilities will decrease by 47.67%, the asset-liability ratio will decrease by 28.15 percentage points, operating income will decrease by 43.52%, and net profit will increase by 20.9733 million yuan. The transaction is subject to approval by the shareholders' meeting and relevant departments

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