Torch Electron has completed a strategic equity acquisition of Sichuan Zhongxing Electronics Co., Ltd. ("Zhongxing Electronics") through its affiliated entities, marking another key step in the company's long-term strategy to strengthen its high-end electronic components portfolio and expand into high-growth civilian markets.
Founded in 1997 and headquartered in Chengdu, Zhongxing Electronics is a national high-tech enterprise with nearly 30 years of experience in the research, development, and manufacturing of film capacitors. The company offers a comprehensive product portfolio, including EMI suppression capacitors, power electronic capacitors, and metallized polypropylene and polyester film capacitors, serving applications in new energy, industrial control, energy storage, and automotive electronics.
Zhongxing Electronics is recognized for its strong product reliability and manufacturing consistency, supported by a comprehensive quality management system. In recent years, the company has strengthened vertical integration through in-house metallized film production, further enhancing supply stability and quality control.
The acquisition is expected to create strong synergies by combining Zhongxing Electronics' specialized film capacitor expertise with Torch Electron's strengths in materials science, reliability engineering, advanced manufacturing, and global customer support. Together, the companies aim to accelerate innovation in power-grade and automotive-grade film capacitor products while improving responsiveness to customer needs.
Following the transaction, Zhongxing Electronics will continue to operate independently while integrating into Torch Electron's industrial ecosystem. Looking ahead, Torch Electron will continue to pursue innovation-driven growth and disciplined strategic expansion, reinforcing its role in the global electronic components industry.
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