The Chugoku Electric Power Co., Inc. and Chudenko Corporation acquired 25% stake in Shih Fong Power Co., Ltd. from FIT Holding Co., Ltd..
March 08, 2021
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The Chugoku Electric Power Co., Inc. (TSE:9504) and Chudenko Corporation (TSE:1941) acquired 25% stake in Shih Fong Power Co., Ltd. from FIT Holding Co., Ltd. (TSEC:3712) on March 9, 2021.
The Chugoku Electric Power Co., Inc. (TSE:9504) and Chudenko Corporation (TSE:1941) completed the acquisition of 25% stake in Shih Fong Power Co., Ltd. from FIT Holding Co., Ltd. (TSEC:3712) on March 9, 2021.
FIT Holding Co., Ltd. is a Taiwan-based company mainly engaged in general investment business. Through its investment holding company subsidiaries, the Company also conducts the trading of Apple products and peripherals, the manufacturing and trading of electronic products, the manufacturing and trading of mobile peripheral products, the development and maintenance of renewable energy, and the research, development, manufacture of wired and wireless cloud image scanners and image identification devices, and the provision of labor and processing services, the research, design, development, manufacturing and sales of optical and optical communication components, including optical lens sets, mainly used in smartphones, tablets, game consoles and fiber optic networks product connectors.
FIT HOLDING CO., LTD. 
