PCL Technologies announced that its board approved a plan to acquire 100% of Pingood Group, including Pingood Enterprise Co., Pingood (Thailand) Co., Ltd., Pingji Electronics (Dongguan) Co., Ltd., and Suzhou Pingji Electronics Technology Co., Ltd., with the purchase funded primarily from company cash and supplemented by bank financing as needed. The move marked PCL Technologies' entry into high-precision plastic and metal mechanical components to support optical and electronic packaging for data center and AI applications.
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