Xinguang Optoelectronics plans to invest 100 million yuan to establish a wholly-owned subsidiary “Hangzhou Xinguang Precision Measurement System Co., Ltd.” in Hangzhou. The initial payment is 10 million yuan, and the rest will gradually be put in place according to operating needs. The new company is mainly engaged in optical instruments, measurement and testing equipment, photoelectric sensors, optical lenses, optical monitoring equipment, optical components and optical testing systems such as projection objectives/lighting optics/measurement alignment, etc., as well as R&D, manufacturing and sales of electronic products, software and hardware. The company stated that it will use the Hangzhou optoelectronics industry ecosystem to enhance R&D and production capabilities for precision optical devices, optical lenses and systems to provide core components, optical measurement equipment and solutions for semiconductors, aerospace, and high-end equipment; in the future, the introduction of strategic investors or technical teams will not be ruled out under the premise of maintaining the holding.

Xinguang Optoelectronics plans to invest 100 million yuan to establish a wholly-owned subsidiary “Hangzhou Xinguang Precision Measurement System Co., Ltd.” in Hangzhou. The initial payment is 10 million yuan, and the rest will gradually be put in place according to operating needs. The new company is mainly engaged in optical instruments, measurement and testing equipment, photoelectric sensors, optical lenses, optical monitoring equipment, optical components and optical testing systems such as projection objectives/lighting optics/measurement alignment, etc., as well as R&D, manufacturing and sales of electronic products, software and hardware. The company stated that it will use the Hangzhou optoelectronics industry ecosystem to enhance R&D and production capabilities for precision optical devices, optical lenses and systems to provide core components, optical measurement equipment and solutions for semiconductors, aerospace, and high-end equipment; in the future, the introduction of strategic investors or technical teams will not be ruled out under the premise of maintaining the holding.