Click Technology to take part in bidding on transferring 54.25% stake in Haiguang Electronics
2021-11-18 14:48:15 [Print]
Shenzhen Click Technology announced on November 17 that it planned to take part in the bidding for publically transferring the 54
. 25% stake held by Tianjin Optical Electricity Group in Shenzhen Haiguang Electronics Co . , Ltd . at a base price of RMB109 . 04 million (USD17 . 10 million) . Haiguang Electronics is a professional manufacturer in China focusing on research, manufacturing and selling of magnetic parts and components including transformers and inductors as well as providing solutions on magnetic parts and components . Click Technology decided to take part in the bidding out of a strategic thinking on expanding its magnet business.