Foshan Guoxing Optoelectronics Co., Ltd. completed the acquisition of 60% stake in Yancheng Dongshan Precision Manufacturing Co., Ltd. from Suzhou Dongshan Precision Manufacturing Co., Ltd..
September 27, 2023
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Foshan Guoxing Optoelectronics Co., Ltd. signed framework agreement to acquire 60% stake in Yancheng Dongshan Precision Manufacturing Co., Ltd. from Suzhou Dongshan Precision Manufacturing Co., Ltd. (SZSE:002384) on April 19, 2023. Transaction is subject to due diligence,audit, evaluation of the Yancheng Dongshan.
Foshan Guoxing Optoelectronics Co., Ltd. canceled the acquisition of 60% stake in Yancheng Dongshan Precision Manufacturing Co., Ltd. from Suzhou Dongshan Precision Manufacturing Co., Ltd. (SZSE:002384) on September 28, 2023.
Suzhou Dongshan Precision Manufacturing Co., Ltd is a China-based company, principally engaged in the research and development, manufacture and distribution of precision metal products and precision electronic products. The Company's main products include precision sheet metals, precision die-castings, light-emitting diodes (LEDs) and its display components, touch panels, liquid crystal display module (LCM) modules and flexible circuit boards. Its precision sheet metals are applied in mobile communications and automobiles. Its precision electronic products are applied in consumer electronics and others. The Company distributes its products within domestic market and to overseas markets.
SUZHOU DONGSHAN PRECISION MANUFACTURING CO., LTD. 
