---
title: "BRIEF: Time Interconnect buys out Luxshare Precision joint venture"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/284034347.md"
description: "电缆组件供应商 Time Interconnect Technology Ltd.周四宣布以 1270 万美元收购其与 Luxshare Precision 的合资企业 Leoni Kabel 中 Luxshare 持有的 51% 股份。交易完成后，Time Interconnect 将完全拥有该合资企业。该合资企业于 2024 年成立，主要负责海外收购。去年 7 月，它收购了 Leoni LCS，该公司生产用于汽车中传输电力、信号和数据的铜缆。Time Interconnect 表示，全面拥有 Leoni Kabel 将有助于其多元化投资机会，降低运营风险并维持增长。"
datetime: "2026-04-24T16:16:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284034347.md)
  - [en](https://longbridge.com/en/news/284034347.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284034347.md)
---

# BRIEF: Time Interconnect buys out Luxshare Precision joint venture

Cable component supplier **Time Interconnect Technology Ltd.** (1729.HK) **said** on Thursday it bought out the 51% stake in its Leoni Kabel joint venture held by partner Luxshare Precision for $12.7 million. Following the transaction, Time Interconnect owns 100% of the venture.

Time Interconnect and Luxshare Precision established the joint venture in 2024 primarily to handle overseas acquisitions. Last July it acquired Leoni LCS, which makes copper cables for transmitting electrical power, signals and data in automobiles.

The company said it has consistently pursued diverse investment opportunities to mitigate operational risks and sustain growth. Securing full ownership of Leoni Kabel, it said, will enable more efficient resource allocation and enhance management and operational efficiency within its automotive business segment.

Shares of Time Interconnect opened flat at HK$23.04 on Friday. The stock is up sixfold from its 52-week low.

_By Lau Chi Hang_

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