---
title: "ZYST: Plans to acquire no less than 51% of the shares of Yingzhong Electric"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277172157.md"
description: "36Kr learned that ZYST announced that on February 26, the company signed a Letter of Intent with shareholders Yu Yingzhong, Zhu Lijuan, and Yu Biao of Yingzhong Electric, intending to acquire no less than 51% of the shares of Yingzhong Electric in cash and obtain control of Yingzhong Electric. Upon completion of this transaction, Yingzhong Electric will become a controlled subsidiary of the company and will be included in the company's consolidated financial statements. The target company is a professional supplier of insulating fiber materials and their molded products, with products covering all voltage levels of power transmission and transformation equipment, including medium and low voltage, high voltage, ultra-high voltage, and extra-high voltage AC and DC"
datetime: "2026-02-27T09:22:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277172157.md)
  - [en](https://longbridge.com/en/news/277172157.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277172157.md)
---

# ZYST: Plans to acquire no less than 51% of the shares of Yingzhong Electric

36Kr learned that ZYST announced that on February 26, the company signed a Letter of Intent with Yingzhong Electric shareholders Yu Yingzhong, Zhu Lijuan, and Yu Biao to acquire no less than 51% of the shares of Yingzhong Electric in cash and obtain control of Yingzhong Electric. Upon completion of this transaction, Yingzhong Electric will become a controlled subsidiary of the company and will be included in the company's consolidated financial statements. The target company is a professional supplier of insulating fiber materials and their molded products, with products covering all voltage levels of power transmission and transformation equipment, including medium and low voltage, high voltage, ultra-high voltage, and extra-high voltage AC and DC

### Related Stocks

- [300936.CN](https://longbridge.com/en/quote/300936.CN.md)

## Related News & Research

- [Kokusai Electric Announces Exit of KKR as Principal Shareholder and Temporary Stake by Nomura](https://longbridge.com/en/news/286874508.md)
- [02:50 ETPowerbox wprowadza na rynek serię wytrzymałych przetworników DC/DC do zastosowań w sektorze obronnym](https://longbridge.com/en/news/286867266.md)
- [01:30 ETExpanding in the High-Voltage Market, Advancing into North America](https://longbridge.com/en/news/286512184.md)
- [Powerbox Launches Rugged DC/DC Series for Defense Applications](https://longbridge.com/en/news/286873758.md)
- [10:30 ETInventHelp Inventor Develops New Cap Cutter Tool for Pipes (TRO-1600)](https://longbridge.com/en/news/286582423.md)