The reorganization of Opal Optoelectronics is conducive to improving the company's asset quality and profitability, and enhancing the company's market competitiveness, which is in line with the company's long-term development strategy and the interests of all shareholders.
Opal Optoelectronics announced on the evening of April 10, 2023 that the company's issues of issuing shares, paying cash to purchase assets and raising matching funds and related transactions have been registered by China Securities Regulatory Commission.
After the completion of this reorganization, the company will give full play to the core competitive advantages of the target company in the optical field on the basis of maintaining the independence of the listed companies with split assets, realize resource sharing and complementary advantages, and build an optical industry platform with world-class competitiveness.