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Shingyin Electronics: Plans to Acquire 80% Stake in Guolian Electronics for RMB 220 Million
11 hour ago /
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Author：小编
Shingyin Electronics (301329.SZ) announced that it plans to use RMB 220 million in excess raised funds to purchase an 80% stake in Dongguan Guolian Electronics Co., Ltd., held by Shenzhen Guotian Electronics Co., Ltd. Guolian Electronics specializes in the production and sales of automotive wiring harnesses, with products covering camera wiring harnesses and rear cover products. Its major clients include TE Connectivity, Zhejiang Dahua, among others, while downstream OEM clients include BYD, Leapmotor, Xiaomi, etc.
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