# Rongqi Technology to acquire 60% stake in Shanghai Deqishun Precision Machinery

Rongqi Industrial Technology (Suzhou) Co., Ltd. plans to acquire 60% equity of Shanghai Deqishun Precision Machinery Equipment Co., Ltd. for RMB 561.6 million in cash. The transaction includes performance commitments for 2026-2028.

- Type: Acquisition
- Announced: 2026-11-10
- Where: Shanghai, China
- Value: $78.0M (561.6M CNY)
- Status: announced
- Products: precision machinery equipment, industrial robots, semiconductor equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Rongqi Industrial Technology (Suzhou) Co., Ltd.](https://endata.com/companies/95701.md) (acquirer)
- [Shanghai Deqishun Precision Machinery Equipment Co., Ltd.](https://endata.com/companies/95702.md) (target)

## Sources

- [jinguxun.com](https://www.jinguxun.com/article/news/11060590), 2026-11-10: "本次交易以符合《证券法》规定的资产评估机构出具的评估结果为定价参考，经各方协商确定交易对价为人民币56,160.00万元。"

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