Announced

CDIB to acquire Poyun.

Synopsis

CDIB, a venture capital and investment banking company, agreed to acquire Poyun, a manufacturer of transducer soft parts. Financial terms were not disclosed. “The acquisition of True Voice demonstrates once again the compelling opportunity set our dedicated buyout team, led by Alex Ying, has observed in the Greater China region. CDIB’s in-house resources will be a valuable aid to the company’s continuous growth on the back of favorable market trends in the audio industry," Lionel de Saint-Exupéry, CDIB Vice Chairman.

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