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MeiG Smart Technology has declared that on September 4, 2026, it convened the 23rd meeting of the fourth session of its Board of Directors, where it green-lighted a proposal for external investment aimed at establishing a joint venture company and engaging in related-party transactions. The company has set its sights on jointly founding MeiG Optoelectronics Core (Shanghai) Technology Co., Ltd. in collaboration with Zhaoge Venture and Xingyuan Optoelectronics, with a proposed registered capital of 100 million yuan. Specifically, MeiG Smart Technology will contribute 70 million yuan, securing a 70% equity stake; Zhaoge Venture will invest 20 million yuan, holding a 20% stake; and Xingyuan Optoelectronics will put in 10 million yuan, acquiring a 10% stake.
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