EVE Energy to Sell 45% Stake in Hubei Enjie New Materials for RMB 1.15B

This is a full exit rather than a partial trim, moving the entire 45% holding to a Shanghai-based affiliate of the same Enjie group. That structure suggests internal consolidation of the separator materials business under one entity, likely simplifying governance and reporting lines rather than signalling a new outside buyer. The practical effect for EVE is a cleaner balance sheet and one less equity-method holding to manage. What's worth watching is whether the consideration is settled in cash or offsets, and whether the registration change completes without delay — that date, not the board vote, is when the stake actually moves.