LianChuang Electronic Technology Co.,Ltd acquired a 8.77% stake in Jiangxi Lianyi Optics Co., Ltd from Gongqingcheng Ruicheng Investment Partnership Enterprise (Limited Partnership) for approximately CNY 170 million.
May 17, 2022
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LianChuang Electronic Technology Co.,Ltd (SZSE:002036) acquired a 8.77% stake in Jiangxi Lianyi Optics Co., Ltd from Gongqingcheng Ruicheng Investment Partnership Enterprise (Limited Partnership) for approximately CNY 170 million on May 17, 2022. The consideration will be paid from LianChuang Electronic Technology Co.,Ltd own funds.
LianChuang Electronic Technology Co.,Ltd (SZSE:002036) completed the acquisition of a 8.77% stake in Jiangxi Lianyi Optics Co., Ltd from Gongqingcheng Ruicheng Investment Partnership Enterprise (Limited Partnership) on May 17, 2022.
LianChuang Electronic Technology Co.,Ltd, formerly Hemp Industrial Investment CO., LTD., is a China-based company principally engaged in the research, development, manufacture and distribution of optical products and optoelectronic products. The Company's main products include camera lens, optical lens, camera modules, touch display integrated products, integrated circuit products and displays, among others. The Company's products are used in intelligent smart terminals and wearable equipment, such as smart phones, tablet computers, sports cameras, intelligent driving and virtual reality (VR)/Augmented Reality (AR). The Company distributes its products in domestic markets and to overseas markets.