# BYD subsidiary acquires 32.5% stake in Dongguan Derui Precision for CNY 52M

BYD's wholly-owned subsidiary Shenzhen BYD Lithium Battery Co., Ltd. agreed to acquire a 32.5% stake in Dongguan Derui Precision Equipment Co., Ltd. for CNY 52 million.

- Type: Acquisition
- Announced: 2019-02-01
- Where: Dongguan, China, China
- Value: $7.70M (52.0M CNY)
- Status: announced
- Products: precision equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [BYD](https://endata.com/companies/9720.md) (acquirer)
- [Shenzhen BYD Lithium Battery Co., Ltd.](https://endata.com/companies/37034.md) (acquirer)
- [Dongguan Derui Precision Equipment Co., Ltd.](https://endata.com/companies/37035.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/180303.html), 2019-02-01: "同意公司全资子公司深圳市比亚迪锂电池有限公司以人民币5200万元受让深圳迈特峰投资有限公司及陶广持有的东莞市德瑞精密设备有限公司合计32.5%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.