Asia
Jinlihua Electric Proposes to Acquire Satellite Mobile Communication Terminal Maker
Jinlihua Electric (SHE:300069) proposed to acquire all or part of Xi'an Zhongke Xiguang Aerospace Technology Group through share placement and cash, according to a Shenzhen bourse filing on Wednesday.Zhongke Xiguang Aerospace manufactures satellite mobile communication terminals.The trading of the Chinese glass insulator manufacturer's shares was suspended until May 20.
SHE:300069
