---
title: "YICHEN IND has signed a memorandum of understanding regarding a potential acquisition of the electricity trading business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251788750.md"
description: "According to the Zhitong Finance APP, YICHEN IND announced that on August 6, 2025, the group (as a potential buyer) signed a memorandum of understanding with several registered shareholders (potential sellers) of a company established in the People's Republic of China (target company) regarding the possible purchase and sale of equity in the target company. The target company mainly engages in electricity trading business in Gaocheng District, Shijiazhuang City, Hebei Province, China, and its subsidiaries primarily engage in electricity supply and construction businesses. The potential sellers include individuals who are the controlling shareholders of the company"
datetime: "2025-08-06T08:49:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251788750.md)
  - [en](https://longbridge.com/en/news/251788750.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251788750.md)
---

# YICHEN IND has signed a memorandum of understanding regarding a potential acquisition of the electricity trading business

According to the Zhitong Finance APP, YICHEN IND (01596) announced that on August 6, 2025, the group (as a potential buyer) entered into a memorandum of understanding with several registered shareholders (potential sellers) of a company established in the People's Republic of China (target company) regarding the potential purchase and sale of equity in the target company. The target company primarily engages in electricity trading business in Gaocheng District, Shijiazhuang City, Hebei Province, China, and its subsidiaries mainly engage in electricity supply and construction businesses. The potential sellers include individuals who are the controlling shareholders of the company

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