# Zhejiang Rongtai to acquire 51% of Diz Precision for 400M yuan

Zhejiang Rongtai Electric Material plans to acquire 51% of Shanghai Dizhi Precision Machinery through equity transfer and capital increase, with a preliminary valuation of 0.4 billion yuan.

- Type: Acquisition
- Announced: 2025-02-14
- Where: Shanghai, China
- Value: $55.0M (400.0M CNY)
- Status: announced
- Products: ball screws, planetary roller screws, electric cylinders, linear modules
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Zhejiang Rongtai Electric Material](https://endata.com/companies/82959.md) (acquirer)
- [Shanghai Dizhi Precision Machinery](https://endata.com/companies/82960.md) (target)

## Sources

- [news.futunn.com](https://news.futunn.com/en/post/53218238/zhejiang-rongtai-plans-to-acquire-51-of-the-shares-of), 2025-02-14: "Zhejiang Rongtai plans to acquire 51% of Shanghai Dizhi Precision through Equity Transfer and capital increase."

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