# Yachuang Electronics to acquire 60% stake in Shenzhen Ouchanxin Semiconductor for CNY 240 million

On May 16, 2022, Chinese listed distributor Yachuang Electronics disclosed plans to acquire 60% equity of Shenzhen Ouchanxin Semiconductor Co., Ltd. for CNY 240 million in cash. This follows a January 2022 acquisition of a 55% stake in Shenzhen Yihai Nengda for CNY 117 million.

- Type: Acquisition
- Announced: 2022-05-16
- Where: Shenzhen, China
- Value: $35.6M (240.0M CNY)
- Status: announced
- Products: analog integrated circuits, LED drivers, power management ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Yachuang Electronics](https://endata.com/companies/63420.md) (acquirer)
- [Shenzhen Ouchanxin Semiconductor](https://endata.com/companies/63421.md) (target)

## Sources

- [pcbekey.com](https://www.pcbekey.com/blogs/357-million-acquisitions-of-original-ic-factories-mergers-with-friends-and-frequent-actions-of-electronic-component-distributors), 2022-06-13: "公司计划以现金24000万元收购深圳欧创新半导体有限公司60%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.