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Lingyi iTech(002600.SZ) to buy Finland consumer electronics company

January 14, 2019


Abstract : Lingyi iTech (Guangdong) Company (002600.SZ) announced on Monday that it plans to purchase 100 stakes of Salcomp Plc.

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BEIJING, Jan. 14 (Xinhua) -- Lingyi iTech (Guangdong) Company (002600.SZ) announced on Monday that it planned to purchase 100 percent stakes of Salcomp Plc that hold by Finland consumer electronics company Salcomp Holding AB.

According to the announcement, Lingyi iTech would use its offshore funds as payment for acquisition of Salcomp Plc.

Established in 1973, Salcomp Holding AB is a leading charger and adapter developer and manufacturer in the world. Its products line covers mobilephones, tablet personal computers, smart home products, and personal electronics. (Edited by Ma Xin, maxin11@ xinhua.org)

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Keyword: consumer-electronics

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