Article

Markor International Home Furnishings plans to acquire a controlling stake in Shenzhen's Wandtec Optoelectronic Technology as it grapples with significant losses in its furniture business, reporting a 19% revenue decline and a net loss of CNY880 million last year. The acquisition will involve a mix of share issuance and cash payments, while Markor's shares have been suspended from trading since December 2025. Wandtec, which specializes in high-speed copper cables for data centers, recently received a CNY60 million investment from Luxshare Precision Industry.