Huacang Optoelectronics (300323.SZ) plans to establish a joint venture company to invest 970 million yuan in building a new high-end display project.

Zhitan Finance APP News, Huacan Optoelectronics (300323.SZ) announced that the company plans to sign an "Investment Cooperation Agreement" with the Zhangjiagang Economic and Technological Development Zone Management Committee to invest in the construction of a "new high-end display project". In order to ensure the construction and operation of the project, the company plans to jointly invest with Zhangjiagang Yufeng Technology Industrial Development Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Yufeng Technology Industrial Development") designated by the Zhangjiagang Economic and Technological Development Zone Management Committee to establish Suzhou Jingdong Asahi Crystal Chip Technology Co., Ltd. (tentative name, hereinafter referred to as "Joint Venture Company") as the main body of the project implementation.