# Kesen Technology to acquire Yuancheng Electronics for CNY 230 million

A-share listed company Kesen Technology (Kunshan Kesen Technology Co., Ltd.) announced it will acquire 100% equity of Kunshan Yuancheng Electronics Material Co., Ltd. for CNY 230 million.

- Type: Acquisition
- Announced: 2018-03-30
- Where: Kunshan, China, China
- Value: $36.6M (230.0M CNY)
- Status: announced
- Products: metal structural parts, 3C structural parts
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kunshan Kesen Technology Co., Ltd.](https://endata.com/companies/31210.md) (acquirer)
- [Kunshan Yuancheng Electronics Material Co., Ltd.](https://endata.com/companies/31211.md) (target)

## Sources

- [bestchoiceco.com](https://www.bestchoiceco.com/12073/.html/), 2018-04-09: "A股上市公司昆山科森科技股份有限公司发布关于收购资产的公告，拟以人民币 2.3亿元收购昆山元诚电子材料有限公司的全部股权。"

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