# Shenxun secures $24M loan to acquire 51% stake in Zhongke Ruizhe

Shenxun has signed a merger-and-acquisition loan contract worth US$24.1 million with China Construction Bank's Hunan branch to fund its purchase of a 51% stake in Zhongke Ruizhe Optoelectronic Technology.

- Type: Acquisition
- Announced: 2026-10-16
- Where: China
- Value: $24.1M
- Status: announced
- Products: optoelectronic technology
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shenxun](https://endata.com/companies/94625.md) (acquirer)
- [Zhongke Ruizhe Optoelectronic Technology](https://endata.com/companies/94626.md) (target)

## Sources

- [dealroom.co](https://dealroom.co/news/163245-shenxun-secures-24m-loan-to-fund-zhongke-ruizhe-acquisition/), 2026-10-16: "Shenxun has signed a merger-and-acquisition loan contract worth US$24.1M with China Construction Bank's Hunan branch to fund its purchase of a 51% stake in Zhongke Ruizhe Optoelectronic Technology."

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