An unknown Zhuhai-based investment partnership agreed to acquire 7.8% stake in Tatwah Smartech Co., Ltd..
January 23, 2017
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An unknown Zhuhai-based investment partnership agreed to acquire 7.8% stake in Tatwah Smartech Co., Ltd. (SZSE:002512) on January 24, 2017. Post acquisition Zhuhai-based investment partnership will own 8.5% stake in Tatwah Smartech Co., Ltd.
Tatwah Smartech Co Ltd is a China-based company mainly engaged in the provision of terminal and system application product solutions. The Company is committed to building a communication network that integrates satellite Internet, big data centers, emergency communications and marine economic operations. The Company mainly conducts its businesses through three segments. The Television (TV) Motherboard and Smart Display segment is mainly engaged in the research and development, manufacturing and sales of smart screens, digital screens, smart TVs and smart display motherboards. The Project Development and System Integration Business segment mainly provides global high-throughput satellite communication services, satellite Internet operation services, communication terminal products and industrial digital applications. The Other Business segment is mainly engaged in other businesses related to communication networks and digital screens.