Guangzhi Technology has declared its intention to co-invest 1.3 billion yuan alongside Zhizao Anhe and Guangqi Xinlian, in order to set up Quzhou Guangzhi Technology Co., Ltd. In this venture, Guangzhi Technology will inject 637 million yuan in cash, securing a 49% equity share. The newly formed joint venture will undertake the investment and development tasks associated with the 'High-Performance Infrared Detector Industrialization Project'.
