Henan Tianhai Electric acquired 20% share of Hebi Tianzhong Connectors  [ China ]

On 16 March 2014, Henan Tianhai Electric Co., Ltd, a subsidiary of China Auto Electronics Group Limited (THB Group), entered into a Sale and Purchase Agreement with a third party to acquire the remaining 20% equity interest in Hebi Tianzhong Connectors Co., Ltd, for a purchase consideration of RMB1.7 million. The acquisition was completed on 21 March 2014. Thereafter, Hebi Tianzhong becomes a w...
<Mar 21, 2014>