On July 9, Tanjian Co., Ltd. (301383) made an announcement detailing its intention to enter into a strategic cooperation pact with Beijing Kangte Electronics. The two entities aim to jointly contribute 20 million yuan to establish a joint venture. Within this setup, Tanjian Co., Ltd. is set to invest 9.8 million yuan, securing a 49% stake, while Beijing Kangte Electronics will invest 10.2 million yuan, holding a 51% stake. The newly formed joint venture will channel its investments into the construction of a production facility dedicated to miniaturized, high-precision quartz crystal resonators and oscillators. This move is poised to significantly enhance the integration of the acousto-optic-electronic industries.
