AVE: Establishing Hunan AVE Optical Technology Co., Ltd., with a registered capital of 10 million yuan
AVE announced that the company, together with Changsha Kudan, has jointly invested to establish Hunan AVE Optical Technology Co., Ltd. AVE Optical has a registered capital of RMB 10 million, of which the company contributes RMB 6 million in its own funds, accounting for 60% of the registered capital of AVE Optical; Changsha Kudan contributes RMB 4 million in intellectual property, accounting for 40% of the registered capital of AVE Optical
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