BOE Technology Group Company Limited acquired 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd. from Caihong Display Devices Co.,Ltd for approximately CNY 480 million.
BOE Technology Group Company Limited agreed to acquire 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd from Caihong Display . Devices Co.,Ltd. for approximately CNY 480 million on June 16, 2025. BOE Technology Group Company Limited entered into agreement to acquire 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd. from Caihong Display Devices Co.,Ltd. for approximately CNY 480 million on June 24, 2025.Transaction has been approved by BOE Technology Group's board.
BOE Technology Group Company Limited completed the acquisition of 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd. on July 26, 2025. At completion, Caihong Display Devices Co., Ltd. holds 69.79% stake and BOE Technology Group Company Limited holds 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd.
BOE Technology Group Co., Ltd. specializes in design, manufacturing and marketing electronic display products. The group's activity is organized around 5 areas of activity:
- manufacturing of modules and display panels: for mobile phones, laptops, television sets, MP players, etc.;
- production of screens and LCD television sets;
- manufacturing of electric components and systems: photovoltaic systems, transmission devices and electric distribution, etc.;
- production of electronic components: used in the semiconductor industry;
- management of business real estate assets.
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BOE Technology Group Company Limited acquired 30% stake in Xianyang Rainbow Optoelectronic Technology Co., Ltd. from Caihong Display Devices Co.,Ltd for approximately CNY 480 million.