Ligong Navigation plans to acquire Yuxun Electronics

Ligong Navigation plans to acquire Yuxun Electronics, which is located in Shijiazhuang High-tech Zone and focuses on designing, manufacturing and selling high-performance, high-reliability microwave/RF devices, components, parts and systems. The acquisition will help Ligong Navigation integrate the supply chain, improve its bargaining power with upstream suppliers, and enhance the company's overall profitability.