# Terry Machinery plans to acquire 51% stake in Yixinwei

Terry Machinery announced plans to acquire no less than 51% of Yixinwei's shares through equity transfer and capital increase, for a total consideration of up to 244.8 million yuan. The board approved the plan on November 2, 2026, and a framework agreement was signed.

- Type: Acquisition
- Announced: 2026-11-02
- Where: China
- Value: $34.0M (244.8M CNY)
- Status: announced
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Terry Machinery](https://endata.com/companies/14937.md) (acquirer)
- [Yixinwei](https://endata.com/companies/14938.md) (target)

## Sources

- [webull.com](https://www.webull.com/news/15853571920454656), 2026-11-02: "The company plans to transfer 16% of the shares held by the original shareholders of Yixinwei for no more than 44.8 million yuan, and to increase capital by no more than 200 million yuan to acquire 41.67% of the shares after the capital increase."

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