WUS Printed Circuit (Shanghai) Co., Ltd. (002463.SZ) has unveiled its investment strategy, which involves allocating €19.0091 million to purchase a 15% equity interest in Schwitzer Technologies GmbH ("Schwitzer"), a subsidiary of Schweizer Electronic AG. This strategic investment is designed to solidify its grip on Schwitzer and boost operational decision-making agility.
In a parallel development, Schwitzer is set to acquire a portfolio of patent and technology assets from Schweizer Electronic AG at a cost of €1.9909 million, with the goal of optimizing its technological framework. These patents and technology assets exhibit a high degree of synergy with Schwitzer's current operations, enabling Schwitzer to achieve technological independence and command. This, in turn, will expedite its technological innovation cycle and further refine its technological infrastructure and reserves in key business sectors.