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INVT (002334.SZ) announced it will acquire the remaining 24.7454% equity in Wuxi INVT from minority shareholders for RMB 20.29 million, making Wuxi INVT a wholly owned subsidiary.
INVT and Tangshan Zhicheng Electrical signed a strategic cooperation agreement at China Coal & Mining Expo 2021 to build intelligent coal transmission systems in mines.
INVT's subsidiary won the bid for the vehicle electrical system procurement project for Shenzhen Metro Line 6 branch and its second phase, with a bid amount of RMB 56.8 million.