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BRIEF-Ningbo GQY Video & Telecom Joint-stock to acquire 30 pct stake in video tech firm
December 1, 2017 / 7:52 AM / 12 days ago

BRIEF-Ningbo GQY Video & Telecom Joint-stock to acquire 30 pct stake in video tech firm

Dec 1(Reuters) - Ningbo GQY Video & Telecom Joint-stock Co Ltd

* Says co plans to invest 30 million yuan in a Shenzhen-based video technology firm (target firm), which is mainly engaged in LED high-definition small spacing visual display&control system based on point-by-point correction technique

* Says co will hold 30 percent stake in target firm after investment

Source text in Chinese: goo.gl/yKrvBK

Further company coverage: (Beijing Headline News)

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