TCL Central Acquires Yidao! Selected as a typical case of "involution" competition!

2026-08-21 18:23:22

On August 21, the General Administration of Market Supervision announced six typical cases of centralized review of operators to help rectify "involution" competition, including TCL Central's acquisition of a new energy equity case.

On August 21, the General Administration of Market Supervision announced six typical cases of centralized examination of operators to help rectify "involution" competition, including Market Supervision Administration". The General Administration of Market Supervision has received the anti-monopoly declaration of concentration of operators in the case of TCL Central New Energy Technology Co., Ltd. acquiring the shares of Yidao New Energy Technology Co., Ltd. Entrusted by the General Administration of Market Supervision, the Beijing Municipal Market Supervision Bureau accepted the examination in accordance with the law on April 3, 2026. Both sides of the

transaction are engaged in crystalline silicon solar energy related business, and intend to integrate product technology capabilities through equity transfer. The Beijing Municipal Market Regulatory Bureau has strengthened the whole process of checking and serving ahead, and completed the review work in a solid manner. On May 25

, 2026, the General Administration of Market Supervision unconditionally approved the case . The transaction will help improve the competition pattern of the industry, weaken the low-level homogenization "involution" from the root, and promote the photovoltaic industry to reduce inefficient supply . From scale expansion to quality improvement .

In 2026, the General Administration of Market Supervision deployed a special action to improve the efficiency of anti-monopoly supervision of centralized operators, focusing on improving quality, efficiency and competition, continuously optimizing the anti-monopoly review of centralized operators in key areas such as platforms, photovoltaics and lithium batteries, and supporting enterprises to revitalize idle assets and improve operational efficiency through mergers and acquisitions according to law. Maintain a fair competitive market structure. In the first half of 2026, the cases of concentration of operators in the prominent areas of "involution" competition were concluded efficiently, which effectively promoted the healthy competition of enterprises.

TCL Central Acquires Yidao! price of 1.256 billion yuan . Acquired 59.14% of the shares of Yidao Xinneng, and accepted the voting right entrustment of 7.20% of the shares, and controlled Yidao Xinneng 66.

On July 2, the two sides held an equity delivery ceremony in Quzhou, Zhejiang Province, and the acquisition was formally completed. TCL Zhonghuan has also realized the construction of " silicon wafer-battery- . According to the information from Tian Eye Check in mid-July, the senior management team of Yidao Xinneng has completed a major adjustment.Liu Yong ,

the former founder, chairman and general manager of Yidao New Energy, was transferred to general manager and executive director ; Ma Yi became the new chairman of the board of directors ; the chief financial officer was changed from Fu Yajun to Tao Wenli; five directors, namely Yan Yongyong, Shi Si, Chu Jianghao, Wang Wenjian and Li Jie, withdrew, and four directors, namely Ouyang Hongping, Zhang Jian, Yang Fan and Zhang Jingjing, became new directors.

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On August 21, the General Administration of Market Supervision announced six typical cases of centralized review of operators to help rectify "involution" competition, including TCL Central's acquisition of a new energy equity case.

2026-08-21 18:23:22

Since the 27th, leading enterprises in Shangrao, Jingdezhen, Yingtan and other places in Northeast Jiangxi have tentatively followed up to push up the cement price by 15 yuan/ton, and the implementation remains to be observed.