# Qingdao Fengguang Precision to acquire 51% stake in Beijing Weishi Shenlan for 112M yuan

Qingdao Fengguang Precision Machinery Co., Ltd. plans to acquire a 51% equity stake in Beijing Weishi Shenlan Technology Co., Ltd. for 112 million yuan in cash, gaining control of the company.

- Type: Acquisition
- Announced: 2026-06-18
- Where: China
- Value: $15.5M (112.0M CNY)
- Status: announced
- Products: precision machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Qingdao Fengguang Precision Machinery](https://endata.com/companies/92524.md) (acquirer)
- [Beijing Weishi Shenlan Technology](https://endata.com/companies/92525.md) (target)

## Sources

- [news.metal.com](https://news.metal.com/newscontent/103962653-qingdao-fengguang-precision-to-acquire-51-stake-in-beijing-weishi-shenlan-for-112-million-yuan), 2026-06-18: "Upon completion of the transaction, Fengguang Precision will gain control of Weishi Shenlan."

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