Tianlong Share has revealed its intention to purchase a 32.2998% shareholding in Suzhou Haomibo at a cost of RMB 132 million, coupled with an extra RMB 100 million capital injection. Upon completion of this deal, Tianlong Share's ownership in Suzhou Haomibo will rise to 54.8666%. Suzhou Haomibo stands out as a cutting-edge tech firm, dedicated to the innovation of sensors like 4D millimeter-wave radar, along with expertise in multi-sensor data integration and vehicle control systems integration. Tianlong Share emphasized that this acquisition is in harmony with its strategic growth plan and will facilitate the company's expansion from merely supplying automotive components to integrating intelligent sensing components into its portfolio.
