China Aerospace Electronics Technology Research Institute acquired the remaining 42.89% stake of Changtian Electrotechnics Co., Ltd. from China Aerospace Times Electronics CO., LTD. for approximately CNY 160 million.
China Aerospace Electronics Technology Research Institute completed the acquisition of remaining 42.89% stake of Changtian Electrotechnics Co., Ltd. from China Aerospace Times Electronics CO., LTD. (SHSE:600879) on December 27, 2012.