Broadex Technologies Co., Ltd. completed the acquisition of 42.27% stake in EverPro Technologies Company Ltd. from a group of shareholders.
January 23, 2024
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Broadex Technologies Co., Ltd. (SZSE:300548) agreed to acquire 42.27% stake in EverPro Technologies Company Ltd. from a group of shareholders for approximately CNY 830 million on November 28, 2023. As on June 30, 2023, EverPro Technologies Company Ltd. generated total assets of CNY 1.2 billion and net assets of CNY 832.5 million. The transaction is approved by board of directors of Broadex Technologies Co., Ltd.
Broadex Technologies Co., Ltd. (SZSE:300548) completed the acquisition of 42.27% stake in EverPro Technologies Company Ltd. from a group of shareholders on January 24, 2024.
Broadex Technologies Co Ltd is a company engaged in research and development, production and sales of optoelectronic devices. The Company operates two segments. The Optical Passive Device segment operates the production and sales of planar lightwave circuits (PLCs), PLC optical splitters, tunable optical power wavelength division multiplexers, arrayed waveguide grating (AWG) chips and other fiber arrays. The Active Optoelectronic Components segment is involved in the production and sales of optical active devices, including 25G, 40G, 100G optical transceiver modules for data communications and active optical cable (AOC).