BOE Technology Eyes 30% Stake in Rainbow Optoelectronics

MT Newswires Live

2025/06/18

BOE Technology (SHE:000725, SHE:200725) plans to acquire a 30% stake in Xi'an Rainbow Optoelectronics Technology through a public bidding process at a minimum price of 4.85 billion yuan.

The seller, Rainbow Display Devices, will list the 30% equity on the Western Property Rights Exchange, according to a Wednesday filing with the Shenzhen bourse.

The acquisition aligns with BOE Technology's strategy to strengthen its position in the display industry.

Shares of the electronic company rose less than 1% in recent trade.

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