Zhejiang Fenglong Electric
About
About Zhejiang Fenglong Electric
Zhejiang Fenglong Electric manufactures solenoids, electromagnetic valves, precision-machined parts and electronic-control assemblies. Its products convert electrical commands into short linear or rotary movements inside automotive, appliance, garden-equipment and industrial systems. The company also produces ignition components, hydraulic-control parts and related electromechanical subassemblies.
Fenglong operates manufacturing and engineering facilities in China and supplies both standard components and customer-specific designs. Production covers tooling, winding, machining, moulding, assembly and testing, allowing the company to support higher-volume equipment programmes. Its components fit within compact actuation, fluid-control and safety mechanisms used across automated machinery.
Financials
- 002931.SZ - SZSE - CNY
Timeline
Events
- 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 controller had changed to Zhou Jian. This was the completed control-transfer milestone, distinct from the earlier signing and tender-offer announcements.
Source - 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 the acquisition process as a live control-change event rather than a closed historical announcement.
Source - 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 that would bring its ownership to not less than 43.00 percent if completed. The transaction was explicitly framed as a control-change deal rather than a passive financial investment.
Source
Relations
Relationships
- UBTECH Robotics
Acquired Company - UBTECH Robotics took control of Zhejiang Fenglong Electric through a 29.99% block transaction and tender offer.
Context
Comparable profiles
- RISE Robotics
stack adjacency - Heavy Actuation Component Supplier
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stack adjacency - Automotive Industrial Subsystem Supplier
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- HL Klemove
stack adjacency - Automotive Industrial Subsystem Supplier
Context tags
- Heavy actuation component supplier - Stack Layer
- Automotive and industrial subsystem stack - Stack Layer