SHENZHEN, China, Oct. 13, 2023 /PRNewswire/ -- On October 1, Shenzhen Longsys Electronics Co., Ltd.(301308.SZ) (hereinafter referred to as "Longsys") acquired a 70% equity stake in Powertech Technology (Suzhou) Limited. The transaction has been officially completed and will be included in the consolidated statements of Longsys from now on.

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