Shenzhen Anche Technologies Co Ltd: A Strategic Shift in Ownership

In a significant development for Shenzhen Anche Technologies Co Ltd, a leading player in the electronic equipment and components sector, the company announced a major change in its ownership structure. On August 5, 2025, Shenzhen Anche Technologies revealed that Shijin Technology Co., Ltd., a Shanghai-based company, had entered into an agreement to acquire a substantial stake in Shenzhen Anche Technologies. This move is set to reshape the company’s future trajectory and market positioning.

Key Details of the Transaction

The agreement involves Shijin Technology acquiring 14,722,421 shares from the company’s controlling shareholder and actual controller, He Xianning, representing 6.43% of Shenzhen Anche Technologies’ total shares. This transaction is part of a broader strategic realignment, with further plans to transfer an additional 31,075,341 shares, accounting for 13.57% of the total shares, once the initial transfer is complete. The terms of this subsequent transfer, including the price and specific obligations, will be determined by a separate agreement to be signed at that time.

In addition to the share transfer, He Xianning has agreed to delegate the voting rights associated with his 31,075,341 shares to Shijin Technology. This delegation of voting rights is contingent upon the completion of the first phase of the share transfer, marking a significant shift in control and influence within the company.

Market Reaction and Stock Resumption

Following the announcement, Shenzhen Anche Technologies’ stock was set to resume trading on the Shenzhen Stock Exchange on August 6, 2025. The company’s shares had been halted prior to this announcement, with the last closing price recorded at 26.01 CNY. The market cap of Shenzhen Anche Technologies stands at approximately 5.96 billion CNY, reflecting its substantial presence in the industry.

Financial Overview

In the first twelve months of 2024, Shenzhen Anche Technologies reported its revenue composition as follows: 54.87% from the manufacturing of instruments and equipment, 43.13% from other services, 1.27% from software and information technology services, and 0.73% from other business activities. This diverse revenue stream underscores the company’s multifaceted approach to serving the motor vehicle industry, offering a range of inspection and maintenance services.

Industry Context

The announcement comes at a time when several other companies on the Shenzhen Stock Exchange have also been halted for various reasons, including strategic changes and market volatility. Notably, companies like Hengao Group and Jinzhizi have been paused due to similar strategic considerations, highlighting a broader trend of restructuring within the sector.

Conclusion

The strategic acquisition by Shijin Technology marks a pivotal moment for Shenzhen Anche Technologies, promising new opportunities and challenges as the company navigates its evolving landscape. With a strong foundation in the electronic equipment and components industry, Shenzhen Anche Technologies is well-positioned to leverage this change, continuing to innovate and expand its offerings in the motor vehicle inspection and maintenance sector. As the market anticipates the resumption of trading, stakeholders will be keenly watching how this new chapter unfolds for the company.