ZKTECO plans to acquire a 55% stake in Longzhiyuan to enrich its product portfolio
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ZKTECO plans to acquire 55% equity of Longzhiyuan for 416 million yuan. After the transaction is completed, Longzhiyuan will become a subsidiary. Longzhiyuan focuses on intelligent outdoor audio and video equipment and optical devices, with its core product being outdoor tracking cameras. This acquisition will expand ZKTECO's business in the smart living sector and enrich its array of smart outdoor products
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