---
title: "BRIEF: Time Interconnect buys out Luxshare Precision joint venture"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/284034347.md"
description: "電纜組件供應商 Time Interconnect Technology Ltd.週四宣佈以 1270 萬美元收購其與 Luxshare Precision 的合資企業 Leoni Kabel 中 Luxshare 持有的 51% 股份。交易完成後，Time Interconnect 將完全擁有該合資企業。該合資企業於 2024 年成立，主要負責海外收購。去年 7 月，它收購了 Leoni LCS，該公司生產用於汽車中傳輸電力、信號和數據的銅纜。Time Interconnect 表示，全面擁有 Leoni Kabel 將有助於其多元化投資機會，降低運營風險並維持增長。"
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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