The Malaysian Insider | Chinese Investment Company to Buy Texas Oil Fields for $1.3B ABC News In the Saturday filing, Yantai Xinchao said it signed a letter of intent Friday with Ningbo Dingliang Huitong Equity Investment Center, a limited liability partnership, and its seven shareholders to buy the oil fields through a Ningbo Dingliang ... Chinese listed company to buy Texas oil fields in 8.3 bln yuan deal |