# BYD Electronic acquires assets from BYD Company

BYD Electronic (00285) entered into an asset purchase agreement with its controlling shareholder BYD Company (01211) to acquire assets including die-casting machines, machining centers, and six-axis robots for a total original procurement cost of approximately RMB 133 million.

- Type: Acquisition
- Announced: 2021-01-07
- Where: China
- Value: $20.5M (133.0M CNY)
- Status: announced
- Products: die-casting machines, machining centers, drilling centers, six-axis robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [BYD](https://endata.com/companies/9720.md) (target)
- [BYD Electronic](https://endata.com/companies/52354.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/390499.html), 2021-01-07: "该集团向比亚迪集团购置的资产主要包括压铸机及周边配套设备、立式加工中心、钻削加工中心、六轴机器人"

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