# ZGCMC to acquire 51% stake in Shenzhen Ruibo for RMB 182M

ZGCMC plans to pay RMB 182 million in cash to acquire a 40.9993% equity stake in Shenzhen Ruibo Automation Equipment Co., Ltd., increasing its total stake to 51% and making it a controlled subsidiary. Shenzhen Ruibo specializes in semiconductor packaging equipment.

- Type: Acquisition
- Announced: 2026-11-10
- Where: China
- Value: $25.2M (182.0M CNY)
- Status: announced
- Products: semiconductor packaging equipment, die bonding/eutectic bonding equipment, power device welding equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ZGCMC](https://endata.com/companies/95783.md) (acquirer)
- [Shenzhen Ruibo Automation Equipment Co., Ltd.](https://endata.com/companies/95784.md) (target)

## Sources

- [longbridge.com](https://longbridge.com/en/news/305004130), 2026-11-10: "ZGCMC announced that it plans to pay RMB 182 million in cash to acquire a 40.9993% equity stake in Shenzhen Ruibo Automation Equipment Co., 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.