# Jiangxi Trace Optical acquires 100% of Shanghai Fengmei Optical

Jiangxi Trace Optical Co., Ltd. has concluded a transaction to acquire one hundred percent shares of Shanghai Fengmei Optical Co., Ltd. The deal strengthens Trace Optical's automotive lens business and product mix.

- Type: Acquisition
- Announced: 2024-04-29
- Where: China
- Status: completed
- Products: optical lens assemblies for in-car cameras, optical modules for HUD, optical lens assemblies for LIDAR
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Jiangxi Trace Optical Co., Ltd.](https://endata.com/companies/77105.md)
- [Shanghai Fengmei Optical Co., Ltd.](https://endata.com/companies/77106.md) (target)

## Sources

- [ipcameralenses.com](https://www.ipcameralenses.com/news/trace-optical-acquires-whole-shares-of-fengmei-optical-blueprint-for-its-automotive-lens-business-to-174225.html), 2024-04-29: "Through this deal, Jiangxi Trace Optical Co., Ltd. has made another solid progress towards its target to develop itself into a top tier supplier."

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