Motic Electric acquired 100% shares of Gelpag Advanced Technology GmbH

　　Motic (Xiamen) Electric Group Co Ltd acquired 100% shares of Gelpag Advanced Technology GmbH on 25 August 2017.

　　Motic (Xiamen) Electric Group Co Ltd now holds 63.82% ownership in Beijing Gelpag Energy Technology Co Ltd and 100% ownership in Gelpag Advanced Technology GmbH. 01 Aug