Everbright Hi-Tech: Its Wholly-Owned Subsidiary, Suzhou Everbright Hi-Tech Semiconductor Laser Innovation Research Institute Co., Ltd., Boosts Capital by 8 Million Yuan for an Affiliated Entity
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Author:小编   

On March 18, Everbright Hi-Tech made an announcement stating that its wholly-owned subsidiary, Suzhou Everbright Hi-Tech Semiconductor Laser Innovation Research Institute Co., Ltd., plans to invest 8 million yuan to subscribe to 625,000 yuan worth of newly increased registered capital in its affiliated entity, Suzhou Xingyuan Optoelectronic Technology Co., Ltd. Following this capital augmentation, the research institute will acquire a 23.07% shareholding in Xingyuan Optoelectronic. Xingyuan Optoelectronic's operations encompass high-end indium phosphide laser chips and other related products, which find applications in areas such as optical communications within AI data centers.