Zhejiang Fenglong Electric announces progress on UBTECH tender offer

Evidence notes
- 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.
Company context
Zhejiang Fenglong Electric manufactures mechanical components, hydraulic parts and industrial hardware relevant to robot production supply chains.