According to Guangzhi Technology's announcement, Guangdong Xianrui Technology Co., Ltd., a holding subsidiary of the company, signed a long-term supply agreement with CoherentCorp. to supply 6-inch indium phosphide substrates for CoherentCorp.'s factories in Switzerland and Sweden during the period 2027-2029, with an estimated transaction amount of no less than US$601 million.

According to Guangzhi Technology's announcement, Guangdong Xianrui Technology Co., Ltd., a holding subsidiary of the company, signed a long-term supply agreement with CoherentCorp. to supply 6-inch indium phosphide substrates for CoherentCorp.'s factories in Switzerland and Sweden during the period 2027-2029, with an estimated transaction amount of no less than US$601 million.