# Beijing Electric Vehicle to acquire Chengdu Qian Feng Electronics in reverse merger

Beijing Electric Vehicle Co., Ltd. entered into an agreement to acquire Chengdu Qian Feng Electronics Co., Ltd. in a reverse merger transaction. Chengdu Qian Feng will issue 761.09 million shares as consideration.

- Type: Acquisition
- Announced: 2018-01-22
- Where: China
- Status: announced
- Products: electric vehicles, electronics
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Beijing Electric Vehicle Co., Ltd.](https://endata.com/companies/29514.md) (acquirer)
- [Chengdu Qian Feng Electronics Co., Ltd.](https://endata.com/companies/29515.md) (target)
- [Beijing Automotive Group Co., Ltd.](https://endata.com/companies/29516.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/BAIC-BLUEPARK-NEW-ENERGY--9949927/news/Beijing-Electric-Vehicle-Co-Ltd-entered-into-an-agreement-to-acquire-Chengdu-Qian-Feng-Electronic-34848700/), 2018-01-21: "Beijing Electric Vehicle Co., Ltd. entered into an agreement to acquire Chengdu Qian Feng Electronics Co., Ltd. in a reverse merger transaction on January 22, 2018."

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