Hiecise: Establishing a holding subsidiary Changguang Hiecise Intelligent Manufacturing Technology

Hiecise announced that the joint venture company Changguang Hiecise Intelligent Manufacturing Technology Co., Ltd., co-funded by the company and Changchun Changguang Optoelectronics Technology Co., Ltd., has completed the industrial and commercial registration procedures and obtained a business license issued by the Kunshan Data Bureau. The registered capital of the joint venture company is 5.5 million yuan, of which Hiecise contributes 4 million yuan in cash, accounting for 72.73% of the registered capital