Visionox aims to restructure the operations of its wholly-owned subsidiary, Bazhou Yungu, transitioning from module processing to a focus on the inspection, testing, processing, and repair of module finished products and semi-finished products. The company also plans to operate a high-end display smart industrial park. Furthermore, Visionox will transfer certain module production equipment to its shareholding company, Hefei Visionox Electronics, for an approximate value of 856 million yuan (inclusive of tax).
