Ningbo Tianlong Electronics to acquire 25% shares in Tianlong Arcata (Dongguan) Electronics, pay CNY 26.5 million to make it subsidiary

On April 23, 2019, Ningbo Tianlong Electronics Co., Ltd. announced plans to acquire 25% of shares in Tianlong Arcata (Dongguan) Electronics Co., Ltd. from two shareholders, Xi Erick Lin and Ping Helen Chen. The acquisition cost will be CNY 26.5 million. After the share transfer, Shanghai Tianlong Arcata (Dongguan) El....

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