TAIPEI – Taiwan-based Zhen Ding Tech Group announced that its subsidiary, Avary Holding, will acquire a 53.68% stake in China’s Wuxi Huayang Technology for $50 million, marking a strategic expansion into the rapidly growing automotive electronics sector.
Following the acquisition, Huayang will become a consolidated subsidiary of Avary, further aligning with Zhen Ding’s push into artificial intelligence-enabled driving systems and advanced automotive modules.
Huayang, a specialist in automotive sensors, modules, and smart components, manages production from raw materials to finished chips, with applications spanning robotics, industrial control, and medical devices. The merger combines Huayang’s sensor and module expertise with Zhen Ding’s PCB manufacturing strength to deliver more integrated automotive electronics solutions.
Chairman Shen Chang-fang emphasized that Huayang’s technologies complement Zhen Ding’s existing product portfolio, enhancing research and development capabilities while expanding its customer network. The existing Huayang management team will remain in place, and integration of R&D and manufacturing resources is expected to boost efficiency and innovation.
The acquisition comes as demand for automotive electronics accelerates globally, driven by the transition toward connected, intelligent and energy-efficient vehicles.