Crystal Optoelectronics invested 14.38 million yuan to increase its holdings of 20% equity holding Taijia Electronics

Crystal Optoelectronics (002273.SZ) announced that the company invested RMB 14.38 million to acquire Wang Ping’s 10% stake in the registered capital of Taijia Electronics and the 10% stake in Taijia Electronics. After the completion of the acquisition, the company's shareholding in Taijia Electronics increased from 60% to 80%.

Taijia Electronics is a holding subsidiary of Crystal Optoelectronics in August 2010. The legal representative is Wang Ping. As of the date of signing this agreement, Crystal Optoelectronics holds 60% of Taijia Electronics and Wang Ping holds 30% of Taijia Electronics. Shares, Lin Satellite holds 10% of Taijia Electronics. After the completion of the acquisition, Wang Ping’s shareholding in Taijia Electronics was reduced from 30% to 20%. Lin Satellite no longer holds shares in Taijia Electronics.

Crystal Optoelectronics said that after the adjustment of the shareholding structure, the company will further promote the construction of the optical cold processing base with Taijia Electronics, and ensure the product matching of the pre-process of the crystal photoelectric precision thin film optical components and the grafting of new products related to optical cold processing. Support the company's future health, stability and development.

Crystal Optoelectronics disclosed in the mid-year report that the company's main business is still dominated by precision optical film components, accounting for 81.12% of the main business income, and the rest are mainly sapphire LED substrates.

Precision optical film components include low-pass filter (OLPF), infrared cut-off filter (IRCF), micro-injection, etc. Industry insiders said that the digital camera market is expected to decline, the corresponding company OLPF products are still not optimistic; blue glass The yield of IRCF products has returned to normal levels since October 2013; smart glasses are also likely to enter a substantial industrialization process, and the company has developed micro-projection modules.

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