Tengjing Technology has recently declared its strategic move to allocate 35 million yuan towards the establishment of a fully-owned subsidiary, namely Tengjing Optical Communication Technology (Zhengzhou) Co., Ltd. This initiative is geared towards propelling the "Optoelectronic Components Manufacturing Base Project" forward. The core objective of this substantial investment is to capitalize on the burgeoning opportunities presented by the swiftly evolving optical communication sector. By doing so, Tengjing Technology aims to bolster its capability in fulfilling orders for passive optical components, while also addressing the burgeoning demand for a wide array of optical interconnect products, encompassing high-speed optical modules, OCS (Optical Channel Switch), and CPO (Co-Packaged Optics).
