# D. Phone to acquire 15% stake in Zhonghai Intelligent for CNY 7.5M

D. Phone (06188) agreed to acquire a 15% stake in Zhonghai Intelligent from D. Phone Technology for CNY 7.5 million, to enter the industrial robot market.

- Type: Acquisition
- Announced: 2019-06-28
- Where: China
- Value: $1.09M (7.50M CNY)
- Status: announced
- Products: industrial robots, automation systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [D. Phone](https://endata.com/companies/40310.md) (acquirer)
- [D. Phone Technology](https://endata.com/companies/40311.md) (target)
- [Zhonghai Intelligent](https://endata.com/companies/40312.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/215437.html), 2019-06-28: "随着机器人行业市场的兴起，该公司通过收购中海智能部分股权，向机器人市场领域进行投资，以提升公司利润增长来源。"

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