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AllBreakingAnalysisFundingM&AResearchProductPolicyGlobalUSCNKRSG
Apr 24, 2026
M&ACN

UBTech lifts its stake in Shenzhen-listed Fenglong to 43% as its RMB1.67 billion move into manufacturing closes

UBTech Robotics said on April 24 that it had completed the transfer of shares tendered in its partial offer for Zhejiang Fenglong Electric, taking its holding to 93,979,906 A shares, about 43.01% of the company. The Hong Kong-listed humanoid maker paid RMB17.72 a share in both steps of a deal worth up to RMB1.67 billion and later amended terms to nominate seven of eight Fenglong directors.

4 sourcesUBTECH RoboticsZhejiang Fenglong ElectricUnitree RoboticsElectric ActuatorsHydraulic Actuators
Oct 30, 2025
M&ACN

AgiBot takes 63.6% of STAR Market-listed Swancor after tender offer, giving the humanoid maker a listed platform for about RMB2 billion

AgiBot's acquisition vehicle Shanghai Zhiyuan Hengyue and a concert party now hold 63.6232% of Swancor Advanced Materials after holders tendered 135,663,336 shares at RMB7.78 in a partial offer that closed on 28 October 2025, Swancor disclosed on 30 October. With share transfers registered in September, the stake cost about RMB2.0 billion, and the filings say the buyer has no explicit plan to change Swancor's business within 12 months.

6 sourcesAgiBotSwancor Advanced MaterialsUnitree RoboticsRobot Foundation Models