# Zhongying Technology to acquire 51% stake in Yingzhong Electric

Zhongying Technology agreed to acquire 51% of Changzhou Yingzhong Electric for approximately CNY 560 million, a related-party transaction with a 198.56% premium, to expand into insulation materials for power equipment.

- Type: Acquisition
- Announced: 2026-08-20
- Where: Changzhou, China, China
- Value: $77.0M (560.0M CNY)
- Status: announced
- Products: insulation materials, insulation成型制品
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Zhongying Technology](https://endata.com/companies/93647.md) (acquirer)
- [Changzhou Yingzhong Electric](https://endata.com/companies/93648.md) (target)

## Sources

- [news.ifeng.com](https://news.ifeng.com/c/8vkjKRZLKjz), 2026-08-20: "中英科技拟以现金方式收购常州市英中电气有限公司51%股权，交易对价约为5.60亿元。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.