Trending eventPast eventOptics industry
Nanrui Radar Plans RMB 162 Million Acquisition of 51% Stake in Xintai Communications
1 report 1 source updated 8 days ago
Start here
Report summary
STAR Market-listed Nanrui Radar announced plans to use its own funds to acquire a 51% stake in Guangzhou Xintai Communications for RMB 161.67 million. Upon completion, Xintai Communications will become a controlled subsidiary, giving the company a foothold in the optical communications sector.
From C114 Communications Network · Optical Communications
Report timeline
Follow the reports to see the event from different angles.
Oct 10
- C114 Communications Network · Optical CommunicationsNanrui Radar Plans RMB 162 Million Acquisition of 51% Stake in Xintai Communications to Enter Optical Communications
STAR Market-listed Nanrui Radar announced plans to use its own funds to acquire a 51% stake in Guangzhou Xintai Communications for RMB 161.67 million. Upon completion, Xintai Communications will become a controlled subsidiary, giving the company a foothold in the optical communications sector.