PowerTECH Co. Ltd. A

PowerTECH's wholly owned subsidiary, Hong Kong PowerTECH Industrial Limited, will acquire a 100% stake in Northstar Technologies Limited for $10 million. Northstar Technologies is a provider of semiconductor automated test equipment solutions, with research and manufacturing facilities in the Philippines and a sales and service network spanning multiple regions worldwide. PowerTECH stated that this acquisition will enhance its semiconductor testing business layout, fill the gap in memory testing operations, and create strong complementarity with its existing business in customer resources, sales channels, and technical services. In the first quarter of 2026, PowerTECH achieved revenue of 93.81 million yuan and a net profit attributable to the parent company of 3.41 million yuan.

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