Woer controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Wolong Materials alleges Changyuan Group bypassed its purchase rights
Issue disclosure
Wolong Materials alleged that Changyuan Group's sale of its 100% stake in Dongguan Kangye was effectively a sale of land and factory buildings, and that Changyuan failed to honor Wolong's preemptive purchase right. Changyuan stated that it was selling equity rather than the leased property, and that the tenant's statutory preemptive-purchase rules did not apply to the transaction. The dispute centers on whether the equity transfer should be treated as a transfer of the underlying real property for purposes of the tenant's right of first refusal.
Wolong Materials said Changyuan Group's sale of its 100% stake in Dongguan Kangye was effectively a sale of land and factory buildings and alleged that Changyuan failed to honor Wolong's preemptive purchase right. Changyuan said it was selling the equity, not the leased property, and that the tenant's statutory preemptive-purchase rules did not apply to the transaction.
Source excerpt
长园集团则在公告中称，《股权转让协议》的内容是长园集团出售东莞康100%股权，而非东莞康业出售租赁房屋，不属于适用《中华人民共和国合同法》规定的承租人优先购买权情形。
9月1日，沃尔核材发布公告称，此次长园集团出售东莞康业100%股权，实质就是出售东莞康业的土地和房产。根据双方早前约定，若长园集团出售土地和厂房，沃尔核材有优先购买权，但是长园集团并未通知沃尔核材行使优先购买权。