Hanwei Electronics plans to acquire controlling interest in Chongqing Stabao to enter the high-end temperature sensor field
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Hanwei Electronics announced that it plans to acquire a 25.6990% stake in Chongqing Stabao for approximately CNY 27.976160 million and increase its capital by CNY 18 million. After the transaction, Hanwei Electronics will hold a 35.39% stake in Chongqing Stabao, totaling a 52.72% shareholding. Chongqing Stabao is a supplier of film platinum resistance temperature sensors, with products widely used in various fields. This investment will help Hanwei Electronics enter the high-end temperature sensor market and enhance its market competitiveness
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