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UBTECH completes the transfer of 29.99 percent of Zhejiang Fenglong Electric and takes control

Date: 2026-03-11 · Type: acquisition · Company: Zhejiang Fenglong Electric

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.

  • 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 controller had changed to Zhou Jian.
  • This was the completed control-transfer milestone, distinct from the earlier signing and tender-offer announcements.

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