Comtec Solar (0.32, -0.01, -1.54%) (00712) announced that it will acquire the 70% equity of Kexin from the seller Zhang Wei (the company's executive director) and Tang Huantong (the company's chief operating officer) for a consideration of RMB 14 million. .
Kexin mainly develops, designs, integrates and sells lithium battery management systems and lithium battery systems for electric vehicles (including electric vehicles, electric motorcycles and electric bicycles), lithium battery manufacturers and storage companies.
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