Zhejiang Fenglong Electric announces progress on UBTECH tender offer

Feb 24, 2026 · Acquisition · Zhejiang Fenglong Electric · Actuation

Zhejiang Fenglong Electric company media
Company media · Zhejiang Fenglong Electric
  • 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.

Zhejiang Fenglong Electric manufactures mechanical components, hydraulic parts and industrial hardware relevant to robot production supply chains.