Invengo Information Technology Plans Full Acquisition of Optical Communication Equipment Firm Guangtai Communication

Stock News
Yesterday

Invengo Information Technology Co.,Ltd. (002161.SZ) has announced its intention to acquire a 100% stake in Shenzhen Guangtai Communication Equipment Co., Ltd. (referred to as "Guangtai Communication" or the "target company"). The funds for this acquisition will come from the company's own resources and/or self-raised capital.

Upon completion of the transaction, the target company will become a wholly-owned subsidiary of the company and will be included in its consolidated financial statements. Guangtai Communication is a national high-tech enterprise and a municipal-level specialized and innovative "little giant" company that focuses on the research, development, production, and sales of automated equipment for optical communication components and modules. Its primary business involves providing customers with automated coupling equipment, testing instruments, and automated testing solutions for optical communication components and modules.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10