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Sunwave Purchases 51% Stake in Eshine

Securities Times, 2/12/10

Chinese communications equipment manufacturer Sunwave Communications (002115.SZ) has announced it will purchase a 50.5% stake in Guangzhou-based wireless network software and service company Eshine Electronic Technology, Co. for RMB 30.69 mln, after which it will invest an additional RMB 5 mln in the company. Read More