Enjie Share has made public its strategic move, revealing that its principal subsidiary, Shanghai Enjie, has inked an equity transfer pact with EVE Energy. The objective is to acquire a substantial 45% stake in Hubei Enjie, currently held by EVE Energy, for a sum of RMB 1.15 billion. Once this transaction is finalized, Shanghai Enjie will boast a 100% ownership stake in Hubei Enjie, thereby transforming Hubei Enjie into a fully-owned subsidiary under the Enjie Share umbrella.
