Zhejiang Fenglong Electric

Market context

Fenglong matters as a component-manufacturing asset linked to tighter control of robot hardware cost and supply reliability.

• Shanghai Carthane Co., Ltd. - comparable profile - peer: Automotive Industrial Subsystem Supplier
• Bosch - comparable profile - peer: Automotive Industrial Subsystem Supplier
• Minth Group - comparable profile - peer: Automotive Industrial Subsystem Supplier

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Financials

• 002931.SZ - SZSE - CNY

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Timeline

• 2026-03-11 - Acquisition - UBTECH completes the transfer of 29.99 percent of Zhejiang Fenglong Electric and takes control - Zhejiang Fenglong announced that the share-transfer registration had completed on March 11, 2026 for 65,529,906 shares, equal to 29.99 percent of total share capital. The filing said the company's controlling shareholder had changed to UBTECH and the actual… - source: static.cninfo.com.cn
• 2026-02-24 - Acquisition - Zhejiang Fenglong Electric announces progress on UBTECH tender offer - Zhejiang Fenglong announced progress on the UBTECH acquisition and tender-offer process. The filing reiterated the signed transfer of the 29.99 percent block and the follow-on partial offer structure tied to UBTECH's planned control of the company. This kept… - source: static.cninfo.com.cn
• 2025-12-24 - Acquisition - UBTECH signs agreement to acquire 29.99 percent of Zhejiang Fenglong Electric and launches a partial tender offer - Zhejiang Fenglong disclosed that UBTECH signed a share transfer agreement to acquire 65,529,906 shares, representing 29.99 percent of the company, from its controlling shareholder. On the same date, UBTECH issued a tender offer summary for additional shares… - source: static.cninfo.com.cn

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Relations

• UBTECH Robotics - Acquired Company - Acquired controlling stake to secure manufacturing and supply-chain capacity for humanoid robot production.

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