An unknown buyer completed the acquisition of 40% stake in Shenzhen Xiang Cheng Electronic Technology Co., Ltd. from Sichuan Jiuzhou Electronic Co., Ltd..
November 24, 2020
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An unknown buyer proposed to acquire 40% stake in Shenzhen Xiang Cheng Electronic Technology Co., Ltd. from Sichuan Jiuzhou Electronic Co., Ltd. (SZSE:000801) on August 27, 2020. The deal was approved by the Board of Directors of Sichuan Jiuzhou Electronic Co., Ltd.
An unknown buyer completed the acquisition of 40% stake in Shenzhen Xiang Cheng Electronic Technology Co., Ltd. from Sichuan Jiuzhou Electronic Co., Ltd. (SZSE:000801) on November 25, 2020.
Sichuan Jiuzhou Electric Co Ltd is a China-based company mainly engaged in the research, development, manufacturing, and sales of intelligent terminal products, air traffic control products, and microwave and radio frequency products. The Company operates five segments. Intelligent Terminal Products segment provides video fusion intelligent terminal and data communication terminal. Air Traffic Control Products segment provides air traffic control system, radar system, communication system, navigation system, and monitoring system, among others. Microwave and Radio Frequency Products segment provides Microwave and Radio Frequency devices, components, modules, machine, system and solutions. Plastic Products segment provides plastic products. Property Services Products segment provides property management services.
An unknown buyer completed the acquisition of 40% stake in Shenzhen Xiang Cheng Electronic Technology Co., Ltd. from Sichuan Jiuzhou Electronic Co., Ltd..