# Seres Group to acquire 33.33% stake in Beijing Ionchi New Energy Technology

The Egyptian Competition Authority approved the acquisition by Seres Group Co., Ltd. of a 33.33% stake in the joint venture Beijing Ionchi New Energy Technology Ltd.

- Type: Acquisition
- Announced: 2026-09-24
- Where: Egypt
- Status: announced
- Products: new energy technology
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SERES](https://endata.com/companies/14676.md) (acquirer)
- [Beijing IONCHI New Energy Technology](https://endata.com/companies/93809.md) (target)

## Sources

- [technotime.net](https://www.technotime.net/17128), 2026-09-24: "The committee granted unconditional approval for the acquisition by Seres Group Co., Ltd. of a 33.33% stake in the joint venture Beijing Ionchi New Energy Technology 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.