Deal snapshot: Longsys Acquires Majority Stake in Longforce.

MANews-(C)2009-2023

Chinese Shenzhen Longsys Electronics Co., Ltd (301308.SZ) acquired a 70% equity stake in Powertech Technology (Suzhou) Ltd. to rebrand as Longforce (Suzhou) Ltd., the company said.

Terms of the transaction were not disclosed. Powertech Technology (Sushou) Ltd. has been rebranded as Longforce (Suzhou) Ltd...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT