Xinguang Optoelectronics Plans RMB 100 Million Precision Measurement Subsidiary in Hangzhou

Xinguang Optoelectronics announced on September 22 plans to invest RMB 100 million to establish a wholly owned subsidiary, Hangzhou Xinguang Precision Measurement Systems Co., Ltd., in Hangzhou, with an initial paid-in capital of RMB 10 million. Its main business will cover optical test systems including optical instruments, measurement and inspection equipment, optoelectronic sensors and projection objectives.