Abstract : PNC Process Systems Co (603690.SH) announced that it planned to acquire a 100 percent stake in Bandweaver for about 680 million yuan.

BEIJING, July 10 (Xinhua) -- PNC Process Systems Co. (603690.SH) on July 9 announced that it planned to acquire a 100 percent stake in Bandweaver for about 680 million yuan.
According to the report, the company will enter the field of optical sensing and optoelectronic components through the transaction.
Shares of PNC Process Systems have resumed trading on Tuesday. (Edited by Yang Yifan, yangyifan@xinhua.org)
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Keyword:
PNC-Process-System