# Guangdong Tianyu Semiconductor to acquire 7% stake in Zhejiang Tony Electronic for CNY 400M

Guangdong Tianyu Semiconductor Co., Ltd. entered into a share transfer agreement to acquire a 7% stake in Zhejiang Tony Electronic Co., Ltd from Shen Xinfang for CNY 400 million on November 6, 2026.

- Type: Acquisition
- Announced: 2026-11-06
- Where: China
- Value: $55.4M (400.0M CNY)
- Status: announced
- Products: semiconductor stake
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Zhejiang Tony Electronic](https://endata.com/companies/67765.md) (target)
- [Guangdong Tianyu Semiconductor](https://endata.com/companies/89122.md) (acquirer)
- [Shen Xinfang](https://endata.com/companies/94976.md) (partner)

## Sources

- [hk.marketscreener.com](https://hk.marketscreener.com/news/guangdong-tianyu-semiconductor-co-ltd-entered-into-the-share-transfer-agreement-to-acquire-7-sta-ce785fd2dd8dfe26), 2026-11-06: "Guangdong Tianyu Semiconductor Co., Ltd. entered into the Share Transfer Agreement to acquire 7% stake in Zhejiang Tony Electronic Co., Ltd from Shen Xinfang for CNY 400 million."

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