Shenzhen INVT Electric Co., Ltd. and Chen Qinbin acquired an additional 5.78% stake in INVT Auto-control Technology Co., Ltd. from Chen Lin, Xie Chuan and Yi Xiaoguang.
January 30, 2016 at 09:30 am IST
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Shenzhen INVT Electric Co., Ltd. (SZSE:002334) and Chen Qinbin acquired an additional 5.78% stake in INVT Auto-control Technology (Shenzhen) Co., Ltd. from Chen Lin, Xie Chuan and Yi Xiaoguang recently. The transaction was approved by the Chairman of the Board, and does not require the approval from the Directorate of Shenzhen INVT Electric Co., Ltd.
SHENZHEN INVT ELECTRIC CO., LTD is a China-based company principally engaged in the research and development, manufacture and sales of industrial automation, network power, as well as energy and power products. The Company main products include frequency converters, uninterrupted power supplies (UPSs) and motor controllers. The Company also provides industrial Internet of Things (IoT) solutions, servo systems, high-efficiency motors, new energy automotive powertrain systems, main motor controllers, auxiliary motor controllers, drive motors, onboard charging power supplies, charging piles, data center infrastructure and others. The Company's products are applied in lifting, machine tool, elevator, petroleum, metal product, wire and cable, plastic and printing packaging and other fields.
Shenzhen INVT Electric Co., Ltd. and Chen Qinbin acquired an additional 5.78% stake in INVT Auto-control Technology Co., Ltd. from Chen Lin, Xie Chuan and Yi Xiaoguang.
SHENZHEN INVT ELECTRIC CO.,LTD 
