Qinshang Optoelectronics, which has been listed for less than one month, ushered in two major benefits. In addition to spending 20 million yuan to join the Chinese Academy of Sciences Semiconductors to increase the capital of Zhongke Hongwei, the company also signed a major agreement with Guangzhou Jicai Culture Communication Co., Ltd., which plans to be divided into 5 years. A total of 1.5 billion yuan of LED displays were purchased from Qinshang Optoelectronics.
According to the content of the agreement, Qinshang Optoelectronics Co., Ltd. is solely responsible for the production and installation of all the “Xinhua Frequency Media†LED display products in Guangdong Province, which was obtained by Jihuan Co., Ltd. authorized by Xinhuatong. The company also promised to obtain authorization from other regions. Priority should be given to cooperation with Qinshang Optoelectronics.
Qinshang Optoelectronics said that the “Xinhua Frequency Media LED Display Project†is a strategically important large-scale project implemented by Xinhua News Agency in the new media field. The company has obtained the relevant authorization to implement the project in Guangdong. The rights and qualifications of the project guarantee the implementation of this agreement.
Qinshang Optoelectronics also announced that the company has signed a capital increase agreement with the Institute of Semiconductors of the Chinese Academy of Sciences, Guangdong Guosheng Investment, and Zhouming Technology. It plans to increase its capital to Guangdong Zhongke Hongwei Semiconductor Equipment Co., Ltd. with its own capital of 20 million yuan. The company holds a 15.301% stake in Zhongke Hongwei.
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Yuheng Optics Co., Ltd.(Changchun) , https://www.yhenoptics.com