# Shenzhen Best of Best Holdings subsidiary to form joint venture with Baohui Chip Technology

Shenzhen Best of Best Holdings' wholly-owned subsidiary Shenzhen MiLian Technology plans to invest 5.1 million yuan for a 51% stake in a joint venture with Baohui Chip Technology, which will invest 4.9 million yuan for a 49% stake. The joint venture will focus on consumer, PC, automotive, and industrial sectors.

- Type: Acquisition
- Announced: 2025-05-29
- Where: Shenzhen, China
- Value: $1.40M (10.0M CNY)
- Status: announced
- Products: microelectronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shenzhen Best of Best Holdings](https://endata.com/companies/85049.md) (investor)
- [Shenzhen MiLian Technology](https://endata.com/companies/85050.md) (acquirer)
- [Baohui Chip Technology](https://endata.com/companies/85051.md) (partner)

## Sources

- [longbridge.com](https://longbridge.com/news/242390249), 2025-05-29: "This external investment by the company's wholly-owned subsidiary is based on the company's future development strategy and long-term planning needs."

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