# ProPlus Electronics to acquire RichCore Technology and stake in Nenergy Micro

ProPlus Electronics (688206.SH) announced plans to acquire 100% of RichCore Technology Co., Ltd. for RMB 1.9 billion and 45.64% of Nenergy Microelectronics (Chengdu) Co., Ltd. for RMB 274 million, via share issuance and cash.

- Type: Acquisition
- Announced: 2025-09-29
- Where: China
- Value: $300.0M (2.17B CNY)
- Status: announced
- Products: semiconductor products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ProPlus Electronics](https://endata.com/companies/87448.md) (acquirer)
- [RichCore Technology Co., Ltd.](https://endata.com/companies/87449.md) (target)
- [Nenergy Microelectronics (Chengdu) Co., Ltd.](https://endata.com/companies/87450.md) (target)

## Sources

- [news.futunn.com](https://news.futunn.com/en/flash/19443503/proplus-electronics-plans-to-acquire-100-stake-in-richcore-technology), 2025-09-29: "ProPlus Electronics (688206.SH) announced that the company plans to acquire 100% of the equity in RichCore Technology Co., Ltd. and 45.64% of the equity in Nenergy Microelectronics (Chengdu) Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.