# CALB acquires control of Suao Sensor

CALB signed a share transfer agreement to acquire 11% of Suao Sensor from its controlling shareholder, and a voting rights waiver agreement, making CALB the controlling shareholder. CALB also plans to invest up to 672.69 million yuan in a private placement by Suao Sensor.

- Type: Acquisition
- Announced: 2025-05-06
- Where: China
- Value: $93.0M (672.7M CNY)
- Status: announced
- Products: sensors, automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [CALB](https://endata.com/companies/84643.md) (acquirer)
- [Suao Sensor](https://endata.com/companies/84644.md) (target)

## Sources

- [en.ofweek.com](https://en.ofweek.com/ofweek-news/detail/calb-acquires-control-of-suao-sensor-accelerating-automotive-tech-integration.html), 2025-05-09: "Upon completion of the aforementioned share transfer and Mr. Li Hongqing's partial waiver of voting rights, CALB will become the controlling shareholder and actual controller of the company."

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