Wavelength Optoelectronics Charged with Alleged Smuggling of Goods Banned from Import and Export, Involving CNY 20.1085 Million

Wavelength Optoelectronics announced on the evening of October 8 that it had received an indictment from the Third Branch of the Shanghai People's Procuratorate. After concluding its investigation, the Anti-Smuggling Bureau of Shanghai Customs transferred the case for prosecution, alleging that the company and four defendants, including Huang Shengdi, smuggled goods banned from import and export by the state. The amount involved is CNY 20.1085 million.