Changzhou Xingyu to invest in Jiangsu IoT Technology Development  [ China ]

Changzhou Xingyu Automotive Intelligent Electronic Technology Co., Ltd., which is a wholly owned subsidiary of Changzhou Xingyu Automotive Lighting Systems Co., Ltd., announced that it will acquire a 20% stake in Jiangsu IoT Technology Development Co., Ltd. for CNY 20 million. Jiangsu IoT Technology Development is an Internet business company established in Nanjing in 2010. With this acquisitio...