---
title: "CN ANCHU ENERGY has entered into a non-binding agreement with Asiatic for the acquisition of a majority stake in the target company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/254141454.md"
description: "Zhitong Finance APP news, CN ANCHU ENERGY announced that the company has entered into a non-binding agreement with Honglian Asiatic Group Limited (the target company) regarding the acquisition of a majority stake in the target company (potential acquisition). The majority of the assets held by the target company include a piece of land located near Tangshan Port in the Tangshan Port Economic Development Zone, Hebei Province, China"
datetime: "2025-08-22T10:13:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254141454.md)
  - [en](https://longbridge.com/en/news/254141454.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254141454.md)
---

# CN ANCHU ENERGY has entered into a non-binding agreement with Asiatic for the acquisition of a majority stake in the target company

According to the announcement from CN ANCHU ENERGY (02399), the company has entered into a non-binding agreement with Honglian Asiatic Group Limited (the target company) regarding the acquisition of a majority stake in the target company (potential acquisition). The majority of the assets held by the target company include a piece of land located near Tangshan Port in the Tangshan Port Economic Development Zone, Hebei Province, China

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