Lishui Nantou New Area Investment and Development Co., Ltd. completed the acquisition of 55% stake in Zhejiang Liwei Automobile Control System Co., Ltd. from Harbin VITI Electronics Co., Ltd..
May 30, 2023
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Lishui Nantou New Area Investment and Development Co., Ltd. agreed to acquire 55% stake in Zhejiang Liwei Automobile Control System Co., Ltd. from Harbin VITI Electronics Co., Ltd. (SHSE:603023) for CNY 25.9 million on May 12, 2023. Transaction has been approved by Harbin VITI Electronic's board of directors. For the period March 31, 2023, Zhejiang Liwei Automobile had CNY 97.4286 million of Total assets and CNY 18.588 million of Net assets.
Lishui Nantou New Area Investment and Development Co., Ltd. completed the acquisition of 55% stake in Zhejiang Liwei Automobile Control System Co., Ltd. from Harbin VITI Electronics Co., Ltd. (SHSE:603023) on May 31, 2023.
Harbin VITI Electronics Co., Ltd. is a China-based company principally engaged in research, development, design, manufacture and sales of electronic automotive products. The Company's products include controller area network (CAN) bus products, electronic control unit (ECU), combination instrument series, sensors series and other products.
Lishui Nantou New Area Investment and Development Co., Ltd. completed the acquisition of 55% stake in Zhejiang Liwei Automobile Control System Co., Ltd. from Harbin VITI Electronics Co., Ltd..