Oriental Material to acquire 51% stake in TD TECH for CNY 2.122B

Oriental Material Co., Ltd. (603110.SH) announced plans to acquire 51% of TD TECH HOLDING LIMITED from Nokia Solutions and Networks for CNY 2.122 billion. The acquisition will add wireless products, terminal products, and IoT products to Oriental Material's existing printing ink and adhesive business.

“本次收购TD TECH 51%股权将进一步提升公司核心竞争力，为公司实现中长期战略发展目标奠定基础。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com东方材料(603110.SH)拟以21.22亿元收购TD TECH 51%股权 新增行业无线产品、终端产品等业务Apr 10, 2023

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