Gude Electric to acquire 80% of Zhenqin Electronics
2026-09-07
National Business Daily and Zhongjin Online reported in September 2026 that Gude Electric (301680.SZ) plans to acquire 80% of Zhenqin Electronics for CNY 144 million, extending downstream along the electrical connection chain and adding a new growth driver.
The busbar and connection component segment continues to attract industrial capital consolidation, intensifying competition on supply chain concentration and support capability. For specialised suppliers, technical barriers such as high current, low inductance, insulation and reliability validation remain key.
Source: National Business Daily / Zhongjin Online (September 2026).