Konfoong Materials International Completes Acquisition of 15.6% Stake in Quartz Manufacturer
() -- Konfoong Materials International (SHE:300666) completed the acquisition of a 15.6% stake in Beijing Kaide Quartz, according to a Thursday disclosure on the Shenzhen bourse. The semiconductor components manufacturer acquired the interest for a total consideration of 447.58 million yuan from a group of five major i