On 13 January, Tospo Lighting announced the purchase of a 67.48-per-cent equity stake in Zhejiang Jiali (Lishui) Industrial, for C¥1.454bn in cash. Tospo will purchase a total of 60,917,100 Jiali Shares held by parties including Huang Yuqi, Huang Huang, Green Fund, Guangzhou Industrial Control, Hangzhou Jinhan, Guangqi Ruigao, Suzhou Zhuopu, Zheke Donggang, Xiaoshan Xinxing, Dongguan…
Tospo Buying Controlling Stake in Jiali