Weihai Valin Optoelectronics is not a state-owned enterprise, but a Sino-foreign joint-stock enterprise, which belongs to the non-public economy and is not wholly owned by the state.
Weihai Hualing Optoelectronics was established in June 2003 with a registered capital of 60 million yuan. The company specializes in producing and selling contact image sensors, magnetic image sensors, finger vein sensors and intelligent agricultural hydroponic cultivation equipment.